Micro-SMEs least impacted during 3rd wave, reports Fintech lender 4Fin

New Delhi, Feb 25 (KNN) During the 3rd wave of pandemic, it has been reported that the Indian micro-SMEs were minimally impacted by it and has indicated more resilience throughout this time.

This was reported by 4Fin a Pune headquartered micro-SME focused fintech lending platform. 

According to the study Micro SMEs were better prepared during the 3rd wave to handle any disruptions which were caused due to the new variant and restrictions imposed.

They also appreciated the local authorities in controlling the spread of the virus in a pragmatic way rather than imposing complete lockdowns.

The aim of the fintech company is to focus on the largely untapped potential of this category by facilitating loans through a convenient and paperless process. 

For the study, it contacted nuanced micro-SMEs from all over the country and surveys them regarding the impact of 3rd wave of covid-19.

With festival of Holi approaching next month, the Micro SMEs have expressed optimism in demand in near future.  (KNN Bureau)