As of January 2023, 14000 women micro-entrepreneurs funded; 169 crore loan amount disbursed (~21 million USD); 2% of NPAs under managed portfolio; 10+ operating branches in 2 states
We have successfully established an efficient, accessible and corruption free lending process and proven that women are creditworthy entrepreneurs with impeccable credit standing. Alongside, access to credit has created a trickle down effect on employment opportunities at the bottom of the pyramid.
Together, IndusInd Bank and FINSERIN have perfected a workable micro-enterprise financing model that’s being recognized by organizations such as the World Bank and the NRLM. This will facilitate reaching women micro-entrepreneurs across the country.