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India's Digital Infrastructure - The Innovation that will unlock the $300 Billion MSME Lending Market - OCEN (Open Credit Enablement Network)

The Indian Dream

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Why Is There a Credit Gap?

Lending to day is about a sector of lending that does not exist. It truly needs to exist in india for us to progress as a nation. The reason why people are not getting into this kind of lending, from banks and n bfs's perspective, is because it's not cost effective. A lot of these mesemes need money for 15 days or 20 days right? They need money for two months then they go through the process of borrowing again. And even if you're able to get an all-inclusive loan  you've got to take five years before you can make any sort of return on your investment. You have to be flexible - what bank is offering

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