Small, Growing Businesses and Employment

FINGPAY: Fostering Bare-pocket Transactions


Fingpay, a biometrics-based payments platform, seeks to facilitate seamless transactions without the need for customers to carry cash, cards, or phones on them. In this piece, co-founder of Fingpay, Pratyush Halen, shares insights from Fingpay’s journey in digitising payments using biometric solutions.

In BHIM We Trust


This field story captures the experience of small merchants in adopting and using the BHIM UPI application. Merchants were onboarded to the BHIM QR code platform as part of Catalyst’s experiments to test strategies for enabling digital payment adoption in Jaipur.

Unlocking Finance for Small Merchants – from Digital Data to Digital Credit


Digitizing merchant can payments generate data trails that can be used by financial service provider to assess the credit worthiness of small merchants. This field story captures insights from a Catalyst experiment in which micromerchants were provided with a Point of Sale (PoS) machine to digitize payments by customers.

Age just a Number when it Comes to Digital Payments


This field story captures insights on customer experiences with transacting digitally at e-Mitra outlets. These outlets provide a range of government and private sector services, from bill payments to college admissions, through kiosks.

Optimizing Network Referrals to Identify and Recruit Creditworthy Entrepreneurs

Arun Chandrasekhar, Emily Breza and Francisco Munoz, Rupika Singh, Khushboo Gupta

The effort of screening quality loan applications and identifying potential borrowers can be very tedious and time consuming. This brief presents findings from a study that seeks to optimize a referral protocol to identify credit-worthy entrepreneurs.

Rules of Thumb: Providing Timely Useful Financial Management Advice at Scale in India

This study assesses the impact of an affordable and scalable financial capability intervention that delivered rules of thumb based business advice to entrepreneurs, via voice-based mobile phone messages.


A Bird’s Eye View of Women Entrepreneurs in Tamil Nadu

This landscaping assessment reviews the entrepreneurship ecosystem for micro, small and medium enterprises led by women in Tamil Nadu, and provides a granular view of district-wise variations in entreprneuership activity and performance.  


Early Stage Assessment of Pradhan Mantri Mudra Yojana: Research Insights on Design and Implementation

This study focuses on understanding the design and implementation of PMMY to generate insights on early performance trends.


The Cream of the Crop: Targeting High Ability Entrepreneurs Using Microcredit Group Information

The study proposes an alternative means to measure entrepreneurial ability by leveraging existing networks of micro-credit clients to identify and target high ability entrepreneurs who can transition their enterprises to SMEs.


Experiments on Repayment Schedules in VWS, West Bengal

Study that examines the impact of introducing flexibility in repayment schedules on entrepreneurial activity and loan default.