India’s Business Clusters

At Aye Finance, the conversation about the importance of business clusters and the MSMEs operating within them is always front and center. With over 50 million MSMEs actively operating in India, we bear witness to their contributions on a daily basis; certainly, an 8% contribution to the National GDP and 40% to exports are significant…

Kaam Se Calm Tak – An Employee Wellness Campaign

One of the more important conversations taking place at Aye Finance lately has been about our employees finding the right balance between work and home. As an organization, we firmly believe that employee wellness and happiness levels should be prioritized because happy employees are crucial for creating strong companies with a driven and productive workforce.…

The Happiness Index at Aye Finance

The Correlation Between Employee Happiness and Employee Productivity Why does employee happiness matter? And can an employee’s level of happiness be prioritized during the course of a day, a week, a month, or a year in corporate environments where the business bottom-line is the driving factor behind performance? The answer at Aye Finance is a…

#InsideAYE – A Day in the Life of a Loan Advisor

Mehzabin works with Aye Finance as a loan advisor at the Meerut branch. In the two years that she’s worked with us, Mehzabin has spent most of her time on the field, reaching out to the micro business community and fostering relationships with them. A woman like Mehzabin is uniquely qualified to recognize hard work.…

#AyeCan – Janki Prashad Sharma and the Brass Statue

Janki Prashad Sharma is a sculpture artist who specializes in creating brass statues of Hindu deities along with his team of 8-10 employees at his workshop in Aligarh, Uttar Pradesh. A walk through his workshop will very quickly make his level of skill apparent to all visitors. Recently, he was able to build a monumental…

Fintechs & Financial Inclusion

India is a land of contrasts. From having one of the most sophisticated and advanced payment infrastructure and systems and 14.1 bank branches for every 1,00,000 adults, which is higher than the global average, to 19% of the population still unbanked. Though this unbanked population witnessed a sharp fall of around 58% between 2011 and…

How Fintech Startups are controlling NPAs?

NPAs for the lending industry are like the dark lord, Voldemort – one who must not be named.  Made uglier by the recent multi crore defaults in the main line banks that have been much in the news recently.  According to the CARE Rating Report of December 2017, India’s NPA ratio is fifth highest in…

Business Clusters: Competition vs. ”Co-opetition”

The Indian economy is no stranger to business clusters. Intertwined deeply within the Indian economy, business clusters can be credited with creating a significant impact, employing millions of people through interconnected businesses, suppliers, and buyers. Take for example the Firozabad glassworks and bangle cluster. As one of the oldest and more well-known clusters in India,…

Women Entrepreneurs – What Makes them Stand Out?

A quick glance around India’s metropolitan cities shows an increased presence of women in the workforce. According to Forbes India, women in India occupy nearly 30% of corporate senior management positions, but the overall workforce lags considerably behind. In India, the challenges to fueling women’s growth come from the usual suspects; either families and societies…