Background

Every day in the busy neighborhoods on the outskirts of Delhi, vendors, artisans, and small retail store owners are keeping the local economy alive. Yet they do not have access to traditional financial institutions - almost 85% of India's micro-enterprises do not have formal access to credit because of rigid collateral rules and complicated paperwork that prevent hardworking families and employees from getting loans to sustain their businesses. 

To stay afloat, many of them rely on informal lending and borrowers in their neighborhoods. Although these borrowers provide their neighbors with quick cash, without structured financial education, individuals who access these borrowers are put at high risk of paying high-interest rates and becoming trapped in a vicious cycle of debt.

MicroVenture Partners (MVP) began in this region for this reason. We believe that financial inclusion requires both capital and clarity. With a mix of grassroots research, direct education, and small, low-collateralized loan pools, we provide people with the tools they need to borrow responsibly so that they can protect their hard work and grow their income.