Bridging the Financial Gap - How Kissht Enhances Financial Inclusion Across India

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CITIES
Traditional
 
banking
 
systems
 have
 
typically
 
focused 
on 
metro 
areas, 
often 
leaving 
non-metro 
regions 
underserved.
 
For
 
individuals
 
and
 
businesses
 
in 
these 
locations, 
obtaining 
credit 
has 
long 
been 
a 
challenge 
due 
to 
limited 
infrastructure 
and 
strict 
lending 
requirements. 
Kissht
 
addresses 
this 
by 
using its 
personal 
loan 
app 
to 
streamline 
loan 
applications 
and 
approvals, 
allowing 
users 
to 
apply 
for 
instant 
personal 
loans 
and 
personal 
loans 
quickly and 
easily 
without extensive paperwork 
or 
in-person
 
visits.
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T
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C
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Y
 
F
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C
L
U
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A
 
significant
 
aspect
 
of
 
Kissht
’s
 
success
 
in
 
expanding 
credit 
access 
is 
its use 
of 
technology-driven 
methods, 
such 
as
 
data
 
analytics
 
and
 
machine
 
learning.
 
Unlike
 
traditional 
financial 
institutions, 
which 
rely 
heavily 
on 
established 
credit
 
scores,
 
Kissht’s
 
system
 
can
 
evaluate
 
alternative
 
data 
points, 
such 
as 
transaction 
histories 
and 
utility 
payments, 
to 
assess 
an 
individual’s 
creditworthiness. 
This 
allows 
people 
with 
little 
to 
no 
formal 
credit 
history 
to 
access 
instant
 
loans
 
and
 
personal
 
credit
 
options.
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P
R
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C
T
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O  
B
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R
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Financial
 
inclusion
 
is
 
only
 
sustainable
 
when
 
collection 
practices 
are 
transparent 
and 
respectful. 
Kissht
 
places 
a
 
strong
 
emphasis
 
on
 
empathy
 
and
 
ethical
 
practices
 
in 
its 
interactions 
with 
customers. 
Instead 
of 
relying 
on 
aggressive 
recovery 
measures, 
Kissht 
focuses 
on 
creating 
supportive 
communication 
channels 
for 
customers
 
throughout
 
the
 
loan
 
process,
 
building
 
long- 
term 
trust 
and 
reducing 
the 
stress 
associated with 
repayment.
Small
 
businesses
 
are
 
the
 
backbone
 
of
 
local
 
economies,
 
especially
 
in
 
non-metro
 
areas.
However, 
a 
significant 
number 
of 
these 
enterprises 
struggle 
to 
obtain 
the 
funding 
necessary
 
for
 
growth.
 
By
 
offering
 
accessible
 
personal
 
loans
 
and
 
instant
 
loans
 
through 
its 
loan 
a
pp
, 
Kissht 
provides 
small business 
owners with 
the 
resources 
they 
need 
to 
expand,
 
hire,
 
and
 
invest
 
in
 
their
 
businesses.
 
This
 
empowerment
 
drives
 
local
 
economic 
growth,
 
creating
 
jobs
 
and
 
promoting
 
development
 
within
 
communities.
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Kissht, a digital lending platform, has become instrumental in bridging the financial gap across the country, particularly for those in non-metro cities. By combining technology and a customer-centric approach, Kissht provides accessible personal loa


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  1. EXPANDING CREDIT ACCESS TO NON-METRO CITIES Traditional banking systems have typically focused on metro areas, often leaving non-metro regions underserved. For individuals and businesses in these locations, obtaining credit has long been a challenge due to limited infrastructure and strict lending requirements. Kissht addresses this by using its personal loan app to streamline loan applications and approvals, allowing users to apply for instant personal loans and personal loans quickly and easily without extensive paperwork or in-person visits.

  2. LEVERAGINGTECHNOLOGYFOR INCLUSIVELENDING A significant aspect of Kissht s success in expanding credit access is its use of technology-driven methods, such as data analytics and machine learning. Unlike traditional financial institutions, which rely heavily on established credit scores, Kissht s system can evaluate alternative data points, such as transaction histories and utility payments, to assess an individual s creditworthiness. This allows people with little to no formal credit history to access instant loans and personal credit options.

  3. ETHICALCOLLECTIONPRACTICES TO BUILD TRUST Financial inclusion is only sustainable when collection practices are transparent and respectful. Kissht places a strong emphasis on empathy and ethical practices in its interactions with customers. Instead of relying on aggressive recovery measures, Kissht focuses on creating supportive communication channels for customers throughout the loan process, building long- term trust and reducing the stress associated with repayment.

  4. SUPPORTINGSMALL BUSINESSES WITHACCESSIBLE FINANCING Small businesses are the backbone of local economies, especially in non-metro areas. However, a significant number of these enterprises struggle to obtain the funding necessary for growth. By offering accessible personal loans and instant loans through its loan app, Kissht provides small business owners with the resources they need to expand, hire, and invest in their businesses. This empowerment drives local economic growth, creating jobs and promoting development within communities.

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