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GVMFL cumulative disbursements up

CHENNAI: The cumulative loan disbursements of Grama Vidiyal Micro Finance (GVMFL), a micro finance institution, have crossed the Rs. 1,000-crore mark as at end-July. During the current year, the company plans to service 7.50 lakh clients and expand network to 215 branches with the portfolio reaching around Rs. 350 crore by March 2010.

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