Major Pain Points
- Underfinanced market
Inability of small entrepreneurs to get funds vital for their businesses from regular lenders fast and on fair terms.
- Industrial weakness
Banks are unable to score and lend to SME losing vast profits due to outdated IT systems; they crave for solution.
- Huge rates up to 60%
High risks of regular loans to SMEs due to low financial literacy and obsolete technologies, as result interest rates up to 60% p.a.