Research & Solution Credit Score Channel Challenges

Problem Statement & Benefits

Growth Enabler Short Term Impact Long Term Impact

Tie up with TELECOMS: Leveraging mobile recharge points for collection and
disbursement. Most frequently visited by villagers

Provide CONSULTANCY via app: Give access of the buyers and sellers database
to the lender who is starting a small business

CUSTOMISED financial products: for geography based business. Eg Haryana

more into farming, Jharkhand more in pottery etc.

Lowering DEFAULT rate: Giving access to buyer and seller will ensure that
lender’s business flourish. This will reduce defaults

Challenges Short Term Impact Long Term Impact

COLLECTION problem: Demotivated field agents leading to sluggish
collections
COST of Education: Majority of target population has no knowledge of
financial products, their working and alternatives
DEFAULT Problem: Difficult to track people in villages who lives in kuccha
houses or who live without proper address and infrastructure

Sources: Primary Research

 Research & Solution Credit Score Channel Challenges
Problem Statement & Benefits

2020 2020 2021 2021

End Mid. End

Ideation Prototype Commercialization Expansion

• Undertake primary and • Expanding services to 3+
• Dwell in marketing
• Testing the app with 100 beta operations
secondary market research for geographies within the
users and gather feedback • Expansion of distribution
related stakeholders nation
• Working on cost to cost basis network to 10+
• Assessing the gaps within the • Charging normal business
with the initial set of testers geographies within the
existing services profits from these new set
• Tie up with Telecom (recharge nation
• Leverage tech and reduce of clients
points) to asses viability and • Education of potential and
dependence on field agents • Debug the app and
improve on feedback existing clients as well as
for collection and expanding improve the process from
distribution results shown in previous field agents to improve

stage motivation