A NANO-BUSINESS REVIVAL PROGRAM PROVIDING ACCESS TO FUNDS TO REBUILD LIVELIHOODS. A STEP TOWARDS FINANCIAL INCLUSION LEVERAGING TECHNOLOGY.
₹ 10,000 interest-free loans
Collateral free loan
Hassle-free, online and daily repayment
Consulting to improve business outlook
4 step selection process
Reshma Banu was running a tailoring business along with tailoring classes for women in her community. With the help of the restarter fund, she purchased 3 used sewing machines. Since then she has employed 3 women in her business, and has more time to spend on her tailoring classes leading to an average daily income upliftment of INR 500
Shiva ran a local laundry ironing business which earned him a profit of INR 300. With an #UdhyamiGrant of INR10,000, he built & implemented a new business plan. He added new products (vegetables & fruits) to his existing ironing business. This increased his profit margin 1.8x times!
Kavitha hails from a family of istri-vendors. However she runs a beauty parlour. During the pandemic she started offering beauty services at home and took orders through whats app. She maintained hygiene and the customers started trusting her. With INR10,000 she stocked beauty products and hence in addition to services she also started selling beauty products.
“The Udhyami program is a unique initiative to restore micro entrepreneurship in India post the pandemic and the early signs are highly impactful.”
Lead, Contribution Initiatives, Hyperverge
“As a leader in fintech innovation, at HyperVerge, we value a commitment to improving lives through enabling entrepreneurship and providing accessible credit services. As part of our Financial Inclusion programme, we’ve been attempting to build digital solutions to achieve this goal for income-poor target segments. On partnering with Udhyam, we realized they bring a wealth of on- ground experience, domain expertise in the social sector as well as a motivated team whose ideas perfectly complement our vision for social impact on a day to day basis. It’s a pleasure working with them.”
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