Michael & Susan Dell Foundation, India

Nano entrepreneurs have huge potential to boost local economic growth and create jobs in their communities. Many nano entrepreneurs struggle to access formal finance. However, early insights from a three-year study by LEAD at Krea University show increased turnover, profitability, and digital adoption. Many businesses are transitioning to formal operations and boosting female employment. Read more about how tailored credit solutions are transforming lives in this blog by Sharon Buteau, Executive Director at LEAD at Krea University. https://lnkd.in/gbma_5Dj #MSMEDay #NanoEntrepreneurs #FinancialInclusion #EconomicGrowth

As we continue our #MSMEDay celebration, we want to recognize Kinara Capital and Hardika Shah for the transformative impact on small businesses. By offering accessible, low-interest loans, Kinara Capital helps first-time entrepreneurs and women business owners get the capital they need to grow. Kinara Capital doesn't just support businesses; they uplift communities and spark meaningful change. Learn more about their impactful work: https://lnkd.in/gMPAJBvU #MicroEntrepreneurs #MSDF #KinaraCapital #MSMEDay

As we celebrate #MSMEDay, we want to thank our partner Arthan Finance for empowering India's nano entrepreneurs.   Small street vendors, local kirana stores, and micro-businesses often struggle to access formal credit, limiting their growth. Arthan Finance changes the game by using AI and machine learning to provide accurate credit assessments and affordable loans tailored to entrepreneurs' needs. This makes it easier for businesses to get the funding they need to grow, boosting economic development and supporting the community.   Thank you to Kunal Mehta, Pravash Dash and the entire Arthan Finance team for ensuring every nano entrepreneur has the tools and opportunities to succeed. #WorldMSMEDay #FinancialInclusion #EconomicGrowth #MSDF #ArthanFinance

To celebrate MSME Day, we participated in an engaging roundtable with CNBC-TV18. The foundation’s Geeta Goel, teamed up with Hardika Shah, Founder & CEO of Kinara Capital, and Vineet Sukumar, Founder & MD of Vivriti Capital, for a compelling discussion on how access to formal credit can have a positive impact on the lives of nano entrepreneurs. Micro-enterprises and nano-entrepreneurs are essential for economic growth and financial inclusion, yet only 11% have access to formal credit. The conversation highlighted fresh solutions to support these businesses, emphasizing the transformative power of data, technology and physical touch points. By bridging the credit gap, we can empower countless entrepreneurs and fuel economic development across India. Watch the full discussion here https://lnkd.in/gATG_nyY #WorldMSMEDay #FinancialInclusion #NanoEntrepreneurs

India's 11 million nano entrepreneurs are the backbone of local commerce, driving economic development and creating jobs. Yet, they often struggle to access affordable credit due to high-risk perceptions from traditional financial institutions. In our latest insight we explore how innovative, customized credit solutions can bridge this gap, fostering growth and financial inclusion. Discover how unlocking credit for nano entrepreneurs can drive economic resilience, create jobs, and boost local economies. Read the full insight to learn more about these transformative solutions. https://lnkd.in/gM33-eGX Arthan Finance CredRight Kinara Capital Kaleidofin Private Limited Neeraj Bansal Hardika Shah Pravash Dash Sucharita Mukherjee #WorldMSMEDay #FinancialInclusion #NanoEntrepreneurs

The MSME sector, which includes nano entrepreneurs, contributes significantly to India's GDP and employs 123 million people. However, despite their impact on India’s economy, many nano entrepreneurs face challenges accessing formal credit and often rely on informal sources. In a recent article featured in Business Today, Neeraj Bansal, co-founder & CEO of CredRight, discusses these challenges and offers innovative solutions — like using a phygital approach to help bridge the ₹69.3 trillion credit gap. By implementing these solutions, we can bring more nano entrepreneurs into the formal financial system, ensuring everyone has access to the capital needed. Read the full article here: https://lnkd.in/gGcXcj3d #FinancialInclusion #NanoEntrepreneurs #WorldMSMEDay

This MSME Day, we’re celebrating India's dynamic nano entrepreneurs and the dedicated partners who are ensuring better access to credit so small businesses can thrive. Swipe to see how our innovative partners are empowering nano entrepreneurs to drive meaningful change in their communities! 🚀 #FinancialInclusion #NanoEntrepreneurs #WorldMSMEDay Vivriti Capital Arthan Finance CredRight Kinara Capital Kaleidofin Private Limited Arriba Inclusive Finance Private Limited Svakarma Finance Avanti - Financial Inclusion For 100 Million

Did you know that the credit market for India’s nano entrepreneurs is worth ₹2 trillion, yet only 10% of the 11 million nano entrepreneurs have access to formal credit. Nano entrepreneurs play a vital role in our economy, and through strategic initiatives and support, we're working to expand access to credit and resources for nano entrepreneurs nationwide. Visit our website to learn more about our efforts : https://lnkd.in/gwkJRtsF #FinancialInclusion #NanoEntrepreneurs 

Lending tech company Arthan Finance recently raised INR 50 crores in its Series B funding round, strengthening its efforts to empower nano entrepreneurs across Maharashtra, Odisha, Andhra Pradesh, and Telangana.   This organization uses AI technology to design customized financial products for small business owners in India. By leveraging data-driven underwriting and tailored products, they are breaking down barriers to lending and promoting financial inclusion for these essential nano entrepreneurs. We're excited about the future possibilities for this amazing organization.   Congratulations to the Arthan Finance team on this milestone! Pravash Dash

The foundation’s Prachi Jain Windlass was recently featured as a guest on the #DecodingImpact podcast, hosted by Rathish Balakrishnan from Sattva Consulting. Blended finance is a great way to increase the infusion of capital to accelerate social impact at scale. In this episode, Prachi and Rathish discuss the power of blended finance, the positive impact blended finance investments are making in communities throughout India, and why a strong foundation of data is vital for success. Listen to the full episode here: http://bit.ly/4c7TyQf