Financial Inclusion at the Bottom of the Pyramid

November 6, 2012 – Mahindra Rise

Though credit scoring is an essential first step toward inclusion in formal financial systems, 400 million people scattered across rural, urban and semi-urban India still lack access to this basic tool. Though in recent years this population has benefited from microfinance and loan systems, these mechanisms are also finite, failing in themselves to confront deeper issues of financial inequality. This is where InVenture comes in. (more…)