Financial Services - , Karnataka, India
India has over 60 million micro, small and medium business. Historically, system has relied on collateral to underwrite loans for small businesses. Lack of collateral has often driven small businesses towards informal sector for working capital needs. We at JiT Finco we are committed to changing that. We are looking at newer ways to underwrite working capital loans for small businesses. We are excited about the idea of using data for underwriting and using digital to deliver credit to an MSME. With deep understanding of technology, finance and distribution, we are creating new credit products tailored for specific needs of an SME. Our mission is to deliver credit to a small businesses by 2022.
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