- 1982-83 Village Welfare society (VWS) was formed and registered as not for profit organization.
- 1996-97 VWS initiated its microfinance activities.
- 2004-05 Village Micro Credit Services (VMCS) came into existence, under section 25 of the Companies Act 1956, as not for Profit company.
- 2006-07 Village Financial Services Private Limited came into existence as NBFC.
- 2013-14 Village Financial Services Private Limited was reclassified by the RBI as an ‘NBFC-MFI’.
- 2017-18 Village Financial Services turns to a limited company and gets Private Equity funding.
- 2018-19 VFS got further private equity funding.
- 2019-20 VFS’s AUM crosses Rs 1000 crore.
- 2022-23 Village Financial Services Ltd is renamed VFS Capital Limited.
