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…
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…
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…
Since its inception in 2013, Aye Finance has been working towards transforming the MSME landscape in India. We support MSMEs in shouldering such a massive responsibility by easing their access to adequate business financing. As we delved deeper into this sector, we realized that harnessing the capabilities of micro-enterprises and helping them build their skills…
Lending businesses are experiencing a dramatic shift by virtue of constant changes in technology. With digitization becoming the need of the hour, lending businesses can leverage its benefits by adopting a fintech model in order to create a successful growth strategy for 2022. In this blog, we have identified some of the top FinTech trends…
At Aye, we strongly believe that the greatness of a culture can be found in its festivals. Festivals are an opportunity to connect, celebrate and create an inclusive culture in our organization. Through these festivities, not only do we create memories, but we also provide a much-needed break to our employees to relax and rejoice!…
In 2013, Aye Finance started with a small team and a clear vision: to provide financial assistance to micro-enterprises who were previously ignored by the formal banking system. This vision perfectly encapsulated the problem we wanted to focus on, and soon became the guide for Aye’s journey. In the past 7 years, Aye finance has…
If there’s one thing the past few years have taught us, it’s that prioritizing our mental and physical health is not a once-in-a-while practice; it must be done regularly. This is why at Aye, we conduct various workshops and wellness activities that aid in improving the health of our employees. Here are some of the…
What’s one of the most important things a business can do to thrive? Invest in its employees. This is not just a feel-good idea, but a smart business decision that ultimately translates into higher productivity and profitability. Here at Aye, we are proud of our learning and development program which goes beyond the standard training…
Meet Ghanshyam – our field officer in Mathura. He is a resident of a village near Vrindavan and has a master’s in sociology. If you ask Ghanshyam what his passion is, the response comes in a heartbeat. “Social Work”, he’ll say. It’s no wonder that FAME (Foundation for Advancement of Micro-Enterprises) feels like a fitting…
