Autowalas challenging the giants.
Now I understand why these local money lenders are making a ton of money
This would be amazing to see organization of lending business to more credit risky customers
They aren't credit risky it's just that they aren't well accounted to measure the risk quantitatively
It's not justpay it's juspay pls correct the typo at starting of subscription based para line
SO the earning model is like Paid only Monthly membership plan from the drivers, ryt??
Can you explain a bit more by "The real money lies inside lending money to auto walas."
Lending to auto rickshaw drivers with access to their cashflows solves for underwriting and also fr recouping a higher interest with limited risk to lose capital. A recipe for a good loan business.
Now I understand why these local money lenders are making a ton of money
This would be amazing to see organization of lending business to more credit risky customers
They aren't credit risky it's just that they aren't well accounted to measure the risk quantitatively
It's not justpay it's juspay pls correct the typo at starting of subscription based para line
SO the earning model is like Paid only Monthly membership plan from the drivers, ryt??
Can you explain a bit more by "The real money lies inside lending money to auto walas."
Lending to auto rickshaw drivers with access to their cashflows solves for underwriting and also fr recouping a higher interest with limited risk to lose capital. A recipe for a good loan business.