Vikram Akula

Founder and CEO at Tutorly
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Contact Information
Location
Malibu, ML

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Experience

    • United States
    • E-Learning Providers
    • Founder and CEO
      • Nov 2020 - Present

      Los Angeles County, California, United States Tutorly offers premier online tutoring services at affordable rates. We are recruiting tutors for summer online tutoring. Apply here, https://apply.workable.com/mytutorly/j/DC517FC5D2/?utm_medium=social_share_link

    • Founder and Chairperson
      • 2009 - Present

      Hyderabad Area, India The Bodhi School provides an affordable, application-oriented, quality English-medium education to children from underprivileged backgrounds in Narayankhed in rural Telangana.

    • Founder and Chairperson
      • 2014 - Present

      Vaya (www.vayaindia.com) uses tablet-banking and biometric technology to deliver loans on behalf of banks to low-income people in India. Founded in 2014, Vaya was India’s first banking business correspondent to have 100 percent electronic identity verification using the government of India’s unique identification card as well as the first to have 100 percent cashless disbursements. As of 2018, Vaya was serving 450,000 members across six states of India and managed a loan portfolio of $110… Show more Vaya (www.vayaindia.com) uses tablet-banking and biometric technology to deliver loans on behalf of banks to low-income people in India. Founded in 2014, Vaya was India’s first banking business correspondent to have 100 percent electronic identity verification using the government of India’s unique identification card as well as the first to have 100 percent cashless disbursements. As of 2018, Vaya was serving 450,000 members across six states of India and managed a loan portfolio of $110 million. Vaya represents microfinance 2.0 in the sense that Vaya blends the agility of a start-up with deep experience of a seasoned leadership team. Show less

    • Founder and Chairperson Emeritus
      • 1997 - 2012

      BFIL distributes small loans that begin at Rs. 2,000 to Rs. 12,000 (about $44-$260) to poor women so they can start and expand simple businesses and increase their incomes. Their micro-enterprises range from raising cows and goats in order to sell their milk, to opening a village tea stall. BFIL uses the group lending model where poor women guarantee each other’s loans. Borrowers undergo financial literacy training and must pass a test before they are allowed to take out loans. Weekly… Show more BFIL distributes small loans that begin at Rs. 2,000 to Rs. 12,000 (about $44-$260) to poor women so they can start and expand simple businesses and increase their incomes. Their micro-enterprises range from raising cows and goats in order to sell their milk, to opening a village tea stall. BFIL uses the group lending model where poor women guarantee each other’s loans. Borrowers undergo financial literacy training and must pass a test before they are allowed to take out loans. Weekly meetings with borrowers follow a highly disciplined approach. Re-payment rates on our collateral-free loans are more than 99% because of this systematic process. BFIL also offers micro-insurance to the poor as well as financing for other goods and services that can help them combat poverty. Show less

Education

  • Stanford University
    Distinguished Career Fellow
    2019 - 2020
  • The University of Chicago
    Doctor of Philosophy - PhD, Political Science
  • Yale University
    Master of Arts - MA, International Relations
  • Harvard Divinity School
    Theology/Theological Studies
    1991 - 1992
  • Fulbright Scholar
    Political Science and Government
    1993 - 1994
  • Tufts University
    1986 - 1990

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