Driving Financial Inclusion: Kissht’s Role in Bridging the Credit Gap in Non-Metro cities
In a country as vast and diverse as India, financial inclusion remains a significant challenge, particularly in non-metro cities. Despite the strides made in urban financial services, many non-metro communities still face limited access to formal credit. Kissht , a pioneering fintech company, is crucial in addressing this gap by extending its innovative digital lending solutions to the underserved non-metro population. The Non-Metro Credit Gap: A Persistent Challenge Non-metrol India is home to a large portion of its population, yet it remains significantly underbanked. Traditional financial institutions often hesitate to extend credit to non-metros areas due to factors such as lack of collateral, insufficient credit history, and the logistical challenges of reaching remote locations. This has left a vast section of the population without access to essential financial services, impeding their ability to invest in opportunities that could improve their livelihoods. Kissht ...