On an average a rural consumer has to travel for hours to reach the nearest bank branch or institution even for daily transactions like depositing and withdrawing cash. Traveling such distance on a day-to-day basis is not only time consuming, but also costs money, making it counterproductive for an already
It’s the beginning of the month; you are at your local grocery store, stocking up for the next one month or so…. Without even blinking, you fish out your wallet, hand over your card, or just scan the QR code to make the payment though your e-wallet. Simple…isn’t it? Now
Technology has always played a key role in the financial sector in ways that most people take for granted and might not even notice. In examining the timeline of FinTech developments, the last 65 years paint a picture of continued innovation and evolution. In the global FinTech space, the 1950s
We’re Going Global!!!” is the new catch phrase on trend with many of the corporates across the Globe. But what does it really mean to ‘go global’. Come to think of it, going global is not just expanding your operations to countries outside of your own, making your products available
Shanti Bai lives in a village in Sehore district where she runs a grocery store. She is eligible for pension for which she waits for the 10th of every month. Previously she faced many problems dealing with the bank. She had to walk a lot and she didn’t know how
Reena Bai lives with her 2 children and her husband, who is a bangle vendor in the village of Bamuliya. She has just joined in 6 months back. Earlier she passed her day simply doing chores of the house, taking care of her 2 kids and helping her husband in
Sugan Ba lives in the village of Uljhawan with her husband, son and daughter-in-law. Her family is involved in farming. She has been associated with the Self-Help Group (SHG) for 2 years and at the age of 58 she now heads a SHG. Her son recently got married and when
Meet Mr. Dayashankar, he runs a tailoring business in Raipur. He started his shop in 2016 and has been working hard to support his family of 4. He leads a simple life. However, the income wasn’t enough to make his ends meet. He thought working extra outside his tailoring business
Rani Sheikh lives with her mother-in-law in a small village near Hoshangabad. All these years Rani has been unaware of operating simple things related to banking. But now she has gained enough confidence to make transactions on her own. Few months back when her husband started working as a labourer
Dinesh has been working as a bike mechanic for the last 8 years. With this work he just about managed a basic income and supported his family of 5. This would have continued until a visit to the annual village fair transformed his life and made him think of opportunities
