Opendata, web and dolomites

VillageInvest SIGNED

Village Invest: Low Cost Loans for Unbanked People in Risky Political Economies

Total Cost €


EC-Contrib. €






 VillageInvest project word cloud

Explore the words cloud of the VillageInvest project. It provides you a very rough idea of what is the project "VillageInvest" about.

village    platform    systematic    social    invest    risky    politics    accountability    pilot    untangle    groups    moneylenders    spiralling    feasibility    bonded    alternative    though    investigation    risk    poor    local    replicated    environments    proof    derives    transparency    connection    borrowers    rates    prototype    create    period    asia    india    corruption    investments    inc    primarily    commercially    lending    framework    operate    debts    world    unbanked    tool    direct    administration    expertise    chronically    microfinance    drawing    lowers    models    charge    assistance    replicate    unaccountability    cultures    muscular    lack    economies    option    loan    anthropological    incapacity    bossism    enterprise    inability    tremendously    rating    communities    tests    innovative    loans    generations    marginalised    start    eighteen    online    countries    people    ethnographically    aisma    ready    political    accountable    commercial    labourers    sectors    viability    consist    uses    platforms    south    exorbitant    digital    place    model   

Project "VillageInvest" data sheet

The following table provides information about the project.


Organization address
city: LONDON
postcode: WC1E 6BT
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country United Kingdom [UK]
 Total cost 145˙926 €
 EC max contribution 145˙926 € (100%)
 Programme 1. H2020-EU.1.1. (EXCELLENT SCIENCE - European Research Council (ERC))
 Code Call ERC-2017-PoC
 Funding Scheme ERC-POC
 Starting year 2018
 Duration (year-month-day) from 2018-09-01   to  2020-02-29


Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    UNIVERSITY COLLEGE LONDON UK (LONDON) coordinator 145˙926.00


 Project objective

Drawing on research from AISMA (An Anthropological Investigation of Muscular Politics in South Asia) on systematic corruption and bossism we propose to develop a proof of concept which tests the technical feasibility and commercial viability of an innovative online digital lending platform (‘Village Invest, Inc.’). The proof of concept will take place over an eighteen-month period. The pilot testing will be conducted in India. ‘Village Invest’ is a start-up social enterprise that aims to provide low cost loans to marginalised groups in risky political economies. The incapacity of the current microfinance model to reach out to these sectors has been widely recognized. Local moneylenders often remain the only option. However, they charge exorbitant interest rates, spiralling the debts across generations and making them into chronically poor or bonded labourers. What is required is an alternative lending model which uses digital technology to reach out directly to unbanked people. This direct connection lowers costs tremendously, while increasing transparency and accountability. The inability of existing online lending platforms to operate such model in countries like India, derives primarily from the lack of enabling environments: how does one replicate a direct lending system in countries with widespread cultures of unaccountability? This is the challenge that AISMA research expertise will help to untangle though the development of a risk management framework which will consist of: (1) an ethnographically driven Risk Rating Tool, to identify loan-ready borrowers; and (2) a Technical Assistance Package, to build both borrowers and communities knowledge in loan administration. If commercially viable our model will create a prototype for accountable and high impact models of social investments to be replicated across the world.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "VILLAGEINVEST" project.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an  email ( and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

The information about "VILLAGEINVEST" are provided by the European Opendata Portal: CORDIS opendata.

More projects from the same programme (H2020-EU.1.1.)

DINAMIX (2019)

Real-time diffusion NMR analysis of mixtures

Read More  


Exploiting genome replication to design improved plant growth strategies

Read More  

EVEREST (2020)

Extracellular Vesicles for Bone Regeneration – alternatives to Stem-cell Therapy

Read More