Supported an MFI in Bihar
A Not for Profit network partner of IntelleCash in one of the poorest states in India, Bihar, experienced great difficulty in accessing funds from banks and mainstream financial institutions. However, IntelleCash became the first lender to the network partner and this provided the assurance needed by the other financial institutions to come on board as lenders to the MFI. With our continued on the ground execution support, and the funding support from our NBFC, the MFI is on course to break-even soon.
