Mauke pe Chauka! : Sohan Lal’s journey

Every entrepreneur across the board faces one common challenge; “scaling-up”. Sohan Lal was no different. A massive surge in the number of MSMEs in recent years has meant intense competition. Business owners are always trying to figure out newer and up-to-date methods to ensure growth. Needless to say, internet and scalability have started to go…

Top 5 Technologies for MSME Lending in 2019

From the telephone to the internet, from legacy software to artificial intelligence, the finance sector has continued to advance with the latest technologies. Fintech today is focused on helping micro and small entrepreneurs across the world grow by providing them access to  capital more easily and with a quick turn-around time. Out of all the…

The Jacketeer – The Tale of Mohd. Kaleem

Clothes Manufacturer, Gandhi Nagar. From working on the second floor to managing a multi-level factory.   If you are seeking a living example of a go-getter, explore the bylanes of Gandhi Nagar. You will eventually find Kaleem, grinning as he discusses the day’s tasks with his second in command. When he invites you in for…

The Metal Monger – One Man’s Iron Mettle

Fabricator, Katni. From operating two machines alone to employing ten people. All people, whatever their circumstances, have a dream. So did Ravi. From day one, Ravi was not content with just dreaming, he took ownership of his dreams – and all the work it would entail. And that’s exactly what set him apart. Now an…

The Paper Saucer Maker – Dilip Chauhan’s Journey

Paper Saucer Maker, Ujjain. From pressing paper to signing employee cheques. An intrepid micro-scale businessman, Dilip dabbled with all sorts of jobs, with contracts ranging from dressmaking to the sourcing of miscellaneous items for restaurants in Gujarat. After working endless hours for years, he eventually went to Ujjain, where his ingenuity and resourcefulness saw an…

How Can FinTech Companies Drive Financial Inclusion?

The MSME contribution to the Indian economy is undisputed in every way. As a sector, it is the 2nd largest employer of the Indian workforce; according to the 2015-16 MSME Annual Report, the MSME segment comprises well over a 45% share in contributing to manufacturing output and exports. With NBFC startups willing to look past…