The MSMEs are not able to explore their full potential and sometimes even have to shut shop entirely, from the lack of adequate financial help and timely liquidity. For India to emerge as a truly developed super-economy, the transformation of MSME sector would have to be a fundamental precondition. Indian MSMEs contribute 8% to the…
Risky borrowers may not mean risky returns for Financial Inclusion loans Lenders have often categorized borrowers as ‘risky,’ if a customer’s historic earnings have been volatile or if the lenders lack a deeper understanding of a customer ecosystem. Even with experienced lenders, these factors can color our perception of risk and introduce an inadvertent bias.…
25th Mar 2017 was a day for a trip to Old Delhi streets to discover its rich food history. All of us – Sanjay with his wife Namrata, Avneesh, Ravinder with his son, Piyush, Ashish, Anvesha, Tripti and myself assembled at 11am at Chandni Chowk metro station. Sanjay came fully prepared with a list and…
The year 2017 theme of the International Women’s Day was “Be Bold for Change” and we at AYE followed it in spirit and as well as action. All the women in the head office and branches were Boldly dressed in RED. And despite our numbers being significantly lesser than the men in the organization, that day…
Aye Finance takes great pride in calling itself a young and an innovative company. The unique combination of experienced leadership at the top and young employees at the middle management has provided Aye the agility to scale at a rapid pace. This unique managerial combination at Aye got a further boost when we recently hosted…
Aye Finance organized its second Strategy Meet on 25th – 26th February 2017. The meeting was led by Sanjay Sharma (MD) and Vikram Jetley (ED) and attended by all the senior leadership team members of the company and graced by Rajat Arora (Nominee Director, LGT Impact Ventures). Sanjay and Vikram delivered the opening address and…
Customer experience is a top priority for Aye Finance. To serve our customers faster and to provide them a better experience, it is important to eliminate inefficiencies from the system. One such inefficiency is Branch Re-work (commonly referred to as BRW within Aye). BRW refers to various errors that occur in the loan files related…
On 9th February 2017, senior team from MasterCard visited Aye Finance. Ms Tara Nathan (Group Executive, EVP, Public Private Partnerships), Ms Antonia Stroeh (Senior VP, Government & Development) and Debarshi Dutta (Business Leader) represented MasterCard. From Aye Finance, Sanjay Sharma (Managing Director), Vikram Jetley (Executive Director), Ashish Sharma (VP, Finance), Ashish Ojha (VP, Technology), Mayank…
It is often said “Employees Quit Managers and NOTCompanies”. The primary reason for this has been that for very long companies have followed a standard yearly or bi-yearly performance evaluation process. The managers decide Job Objectives (also referred to as Key Responsibility Areas or KRAs) for their employees at the start of the financial year,…
