Micro Business Entrepreneurs in India

India's micro business sector is reshaping commercial lending while creating new pathways to formal finance. This report analyses borrower behaviour, credit performance, and untapped opportunities across the micro business ecosystem.

• Individual business borrowers grew at 21% CAGR, compared to 12% for micro businesses.
• MBE borrowing is anchored in asset-backed financing, creating a strategic opportunity for lenders to broaden access to cash-flow-based revolving credit.
• 3.9 Cr entrepreneurs are credit invisible as an entity, 54% of which have over 2 years of business-credit experience as an individual

Read the report to uncover where growth, formalization, and lending opportunity intersect