Unlocking Sustainable Growth: Strategies for MSMEs

Introduction: In the dynamic landscape of business, sustainable growth is not just a buzzword but a strategic imperative for micro, small, and medium enterprises (MSMEs). Unlike rapid but short-lived expansion, sustainable growth focuses on long-term viability, resilience, and positive impact. In this blog post, we will delve into the importance of sustainable growth for MSMEs…

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NBFCs and Rural Development Promoting Financial Services in Rural Areas

India’s rural population represents a substantial portion of the country’s demographic landscape. Nevertheless, rural areas continue to grapple with limited access to financial services. This is where Non-Banking Financial Companies step in, assuming a pivotal role in promoting financial inclusion within these regions. NBFCs are esteemed financial institutions that offer an array of services, including…

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Top 5 Technologies for MSME Lending in 2022

The financial lending sector has and continues to stay at par with the latest technologies and trends. MSME companies have had a difficult few years as digitalization and implementation of advanced technologies have progressed. A constantly increasing number of users want fast access to services as well as the massive growth in the quantity of…

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How Aye Makes Financial Lending Easier

At Aye, we’ve been seeking to change the paradigm of MSME financing in India. Our objective was to turn it from a time-consuming and expensive procedure into a productive and profitable venture. The first step toward this approach was taken in 2014 when we offered the first loan to a micro business in West Delhi’s…

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Aye Finance’s Expansion Journey to 311 branches

In early 2014, we looked into three micro-business clusters that were distributed across several cities. This was the start of our innovative cluster-based financing methodology, which is still the foundation of what we’re doing today. Our inaugural credit was issued to a lady’s shoe manufacturer in March 2014, who hired 6 people and produced 200…

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