Mihasonirina Andrianaivo is a Senior Financial Sector Specialist working in Finance and Markets operations in the South Asia Region the World Bank. In this blog, she writes about programs announced in recent years that have fostered a more favorable business environment for fintech models to emerge in the MSME lending space – in India. 

According to PwC 2016 Global fintech Survey report, MSME banking is likely to be the fourth-largest sector to be “disrupted” by fintech in the next five years after consumer banking, payments, and investment/ wealth management. Andrianaivo describes how the World Bank Group has been supporting fintech for MSME lending through the financing and knowledge partnership with SME Finance Forum member SIDBI.