Fintech lender, Aye Finance on Monday said that it has provided working capital loans to over 100,000 micro businesses for enabling of growth.
With over 57 million micro and small enterprises in India, Aye Finance is successfully solving the problem that was historically considered intractable in India.
"We have come closer to achieving that vision and it has further strengthened our resolve to improve financial inclusion in India. When the micro entrepreneur prospers, his employees also gain a stable source of employment & growth in their wages, which results in the overall development of the community at large," said Sanjay Sharma, MD and Founder Aye Finance.
Aye, founded in 2014, has a Pan-India presence, with 104 branches spread across 11 Indian states.
In addition to affordable credit solutions, Aye has also developed a digital bookkeeping and advisory App to help micro businesses across India manage their businesses more efficiently.
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