Sustainable finance,
Measurable impact.
Ethical and sustainable finance is what we constantly strive to do. Our strategic intent is validated through rigorous assessments by global organizations.
Beyond business,
for betterment
We are focused on creating a sustainable business along with driving social impact. Our endeavour for profits for our stakeholders is well balanced with the pursuit of equitable access to credit for our customers.
A huge share of our employees comes from local communities that we serve. We leverage their contextual knowledge to guide and enhance our product design, ensuring solutions are tailored to real needs.
Social Audit
We are committed to creating lasting social impact through inclusive lending. We partnered with Kantar IMRB, guided by BlueOrchard and CERISE, to conduct a baseline study using the USSPM (Universal Standards for Social Performance Management) Framework in 2019. We scored above the industry average across all SPI4 indicators, reflecting our strong focus on client protection, social responsibility, and mission alignment.
We followed it up with an endline study in 2024 by IPSOS Research covering 1300 micro-enterprise clients across India to understand the improvements experienced by our clients. Report showed a substantial upward movement of our customers towards SEC A socio economic category. We also commissioned an audit using USSEPM (Universal Standards for Social and Environmental Performance Management) Framework. We continued to score higher than average global benchmarks in all seven dimensions of the framework. These insights continue to guide our efforts to scale impact responsibly and effectively.
On the SPI4 audit, Aye has scored 82% while the average audit score of 272 organizations, as per CERISE database, is 64%. On each of the 6 dimensions of the Universal Standards of Social Performance Management (USSPM), Aye's score is higher than the average benchmark. Aye's score of 100% on the dimension "Balance social and financial performance" reflects Aye's double bottom line focus.
The Six Dimensions Of
Managing Social Performance
On each of the 6 dimensions of the Universal Standards of Social Performance Management (USSPM), Aye's score is higher than the average benchmark.
Balance financial and social performance
Decisions on growth/profit targets, financing, and remuneration that maintain a client focus.
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The Six Dimensions Of Managing Social Performance
On each of the 6 dimensions of the Universal Standards of Social Performance Management (USSPM), Aye's score is higher than the average benchmark.
Balance financial and social performance
Decisions on growth/profit targets, financing, and remuneration that maintain a client focus.
Sustainability Alignment
Our alignment with global sustainability goals
AFISAR© Rating 2023
This rating indicates that Aye Finance is well aligned to the SDGs and our operations are considered sustainable at institutional and portfolio levels.
We have a partnership with Agents For Impact, for assessment of our sustainability performance using AFISAR© tool. This assessment is based on the Sustainable Development Goals (SDGs) and Environmental, Social & Governance (ESG) criteria.
