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Fueling Futures: The Social & Economic Impact of EV Loans for Startup Entrepreneurs
The Credit Gap Holding Entrepreneurs Back Traditional lenders overlook first-time borrowers with no credit history. High upfront EV costs block entry into income-generating opportunities. Lack of digital tracking makes lending to new operators risky.
Financial Inclusion at Scale 96% 30M 85% of customers financed in Tier 2, 3, and 4 towns. of customers had no previous credit history. livelihoods have been impacted across 25 states. Revfin fills the accessibility gap with digital-first lending.
Transforming Lives Through Opportunity 3.6 billion kms green kms driven More than 30 million livelihoods indirectly created. EV loans unlock sustainable daily income rather than one-time credit access. EV ownership becomes a long-term income engine for entrepreneurs.
1 2 3 Tangible Income Growth Through EV Adoption Many EV owners show over 3X income enhancement. Proven in the commercial 3-wheeler segment across multiple states. Direct link between asset ownership and household stability.
Driving Sustainable, Scalable Growth 1 2 3 86k+ assets financed and jobs created 57 partners with, 76 OEM partners, and 2200+ dealerships Growing commercial EV adoption across the first mile, mid-mile, and last mile. Macro Impact: Mobility boosts local economies, access, and employment.
Empowering Women Entrepreneurs 25% of Revfin’s disbursements go to women borrowers. Women EV owners report higher stability and improved household income. Financial inclusion becomes community inclusion. Macro Impact: Mobility boosts local economies, access, and employment.
Telematics: Reducing Risk and Accelerating Trust Revfin uses RevIoT for smart vehicle monitoring. Enables safer lending for new borrowers without credit history. Improves driving patterns, utilization, and asset health.
Why EV Loans Are a Breakthrough for First-Time Entrepreneurs Low operational cost = higher daily earnings. Quick loan approvals via digital underwriting. Asset-based income model makes entrepreneurship feasible from Day 1. EV loans are a direct gateway to economic mobility.
Building a More Inclusive Mobility Ecosystem 01 02 03 Promote sustainable mobility across India. Support entrepreneurship where it’s needed most. Scale EV adoption through financing, technology, and asset solutions.
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