“The success of the microfinance model inspired us to replicate a similar approach
in healthcare and education, which are as critical to rural India as credit.”
- Srikrishna Ramamoorthy of Unitus Ventures
Image Source: Indiatimes.com
Microfinance typically aims to provide low-income or impoverished communities with access to capital. They are often in the form of small business loans with the goal of helping communities and businesses become self-sufficient. A recent Forbes article notes that the success of microfinance projects in India has resulted in larger-scale impact investments, including the funding of impact/ESG-oriented tech startups.