Founded with the mission to revolutionize microfinance, Kosh is a digital lending platform based in India. The company aims to empower blue-collar workers through a unique joint liability model, which mirrors traditional microfinance but targets a different demographic. By incorporating a social component into their underwriting process, Kosh effectively manages credit risk while reducing customer acquisition costs and operational expenses. Their services focus on making the 150 million-strong segment of blue-collar workers credit-worthy, providing them with much-needed financial inclusion.
Notable figures and investors associated with Kosh include industry experts and venture capitalists committed to social impact and financial innovation. The platform has achieved significant milestones in reducing credit risk and operational costs through its innovative approach. Kosh's overall impact lies in its ability to provide financial services to a traditionally underserved segment, thereby fostering economic growth and stability within this community.
