Learn from Sucharita Mukherjee - Co-founder & CEO at Kaleidofin, about her of experience in attending the Global SME Finance Forum and the importance of digitization in the Indian market for financing SMEs, the role of digital platforms in serving underserved markets, and the potential for structured, systematic south-to-south learning and expansion through forums like the SME Finance Forum.
This interview was led by Hans Koning, Global Chief Industry Specialist, Digital Finance at IFC.
"It's super exciting. I think it's just such a wide variety, and a multi-country representation of institutions who are doing small business lending, small business scoring, not just in India, but from Africa, from Southeast Asia, from Latin America. So I think there's just huge learning, and every country, I believe has their own unique successes, and therefore so much to learn from."
More about Kaleidofin
Kaleidofin is a digital fintech platform, based in India, that works with informal sector customers and nano/micro enterprises. We offer tailored financial solutions to our customers (including savings, investments, payments, insurance, secured and unsecured credit) to help them start to get access to better designed financial solutions to meet their life goals and in the process improve their quality of life. We also believe that a specific focus that helps use the power of technology and the reach created by a mobile phone can have wide ranging impact on financially including the informal sector in several developing economies. We have more than doubled our presence over the past year and now have a base of over 3 million active transacting customers with a presence in 17 states in India. Over the next 5 years, we aim to serve 10 million + informal sector customers and enterprises, paving the way for full scale digitalization and a reimagined banking experience for 800 million informal sector customers and micro-enterprises.
More about our Leader Dialogue Series
A series of 10 to 15 minutes interviews with CEOs, senior executives of financial institutions and technology companies as well as financial sector regulators. Those one-on-one interviews are led by an industry expert from within the World Bank Group or outside.
