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Udyam and the Credit Revolution: How FinTechs Are Helping Small Businesses Get Loans

Udyam and the Credit Revolution: How FinTechs Are Helping Small Businesses Get Loans

Small businesses in India often face one big problem—getting loans from banks. Many of them don’t have enough paperwork, a long credit history, or big assets to offer as security. Because of this, banks hesitate to give them money.