Despite Financial Institutions aggressively pushing their products, urban lower middle class is deprived of adequate and timely access to finance. These 'missing middle' lie between traditionally bankable urban populations and ultra-poor populations targeted mainly by government and non-profit initiatives.
Prashray has stepped in to fill the void by providing collateral free personal and income augmentation loans to individuals at very competitive rates for all non-consumption needs.
The word 'Prashray' in Hindi means 'to provide support' and is a reflection of the organization's objective of helping individuals improve their financial circumstances.
A full fledged core banking system supports our cashless model, our loan products are customized basis market research. Using technology and efficient operating model we are able to offer cheaper loans, complete door step service and loan disbursements in max 48 hours.
Our model not only has proven commercial viability, we are also playing an important social role of financial inclusion of the urban poor.
Company Details
- Employees
- 10
- Founded
- -
- Address
- Vijay Nagar Chauraha, Indore,madhya Pradesh 452002,india
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- prashray.org
- Keywords
- Fintech, Alternative Lending, Financial Inclusion, Cash Flow based Lending, Proprietary Credit Rating Model, Risk Assessment Model, Cashless.
- HQ
- Indore, Madhya Pradesh
Prashray Questions
Prashray's website is prashray.org
Prashray's LinkedIn profile is https://in.linkedin.com/company/prashray
Prashray has
10 employees.
View email and phone details for 10
employees at Prashray.
Prashray's industry is
Financial Services
Prashray's top competitors are
Jjj I-Tech Pvt Ltd,
Webfreakers It Solution,
Zamosh,
Payou,
Jet Leads,
The Financial Clinic,
Lumiq,
Vts Engenharia,
Rbg Consultants,
Stable Money.
Prashray's categories are Financial Services
Prashray's founding year is 2017
