8% of the Microfinance clients graduate from the Microfinance sector each year and hit a wall
Replacing traditional informal sources of financing (local moneylenders) which currently account for 84% of all financing to MSMEs
Unserved by MFIs (owing to RBI guidelines) and banks / large NBFCs (owing to no formal income documentation
With 100% digital processes, company is able to disburse loans in a matter of hours from onboarding