Press Release

Aye Finance launches ‘FAME’ for supporting micro enterprises

Following the success at the financial inclusion of more than 1, 00,000 micro firms, Aye Finance is coming up with its not-for-profit organization —FAME (Foundation for Advancement of Micro Enterprises). Through this venture, the company will run its CSR interventions.

Having social welfare as one of their major concerns, Aye Finance lays great emphasis upon it. With the launch of FAME, the MSME lender aims at making an effort for the development of the communities in which it operates, along with lending support and nurturing the ecosystem for micro enterprises.

Former Executive Director of SIDBI, Brij Mohan, is serving as the Chairperson of FAME. Under his aegis, the company will introduce a number of efforts for enhancing the skills and ability of micro entrepreneurs, resulting in self-sustainability of the sector.

As a matter of fact, Aye Finance happens to be at a position to aid these enterprises. The company has to its credit a rich experience with working on the ground with over 1 lakh such entrepreneurs. Using its not-for-profit arm, the fintech lender will launch various projects for supporting the micro enterprises, through non-financial aid and assistance, enhancing them on professional front and providing the motivation for their progression into the country’s new and advanced era.

Following the success at the financial inclusion of more than 1, 00,000 micro firms, Aye Finance is coming up with its not-for-profit organization —FAME (Foundation for Advancement of Micro Enterprises). Through this venture, the company will run its CSR interventions.

Having social welfare as one of their major concerns, Aye Finance lays great emphasis upon it. With the launch of FAME, the MSME lender aims at making an effort for the development of the communities in which it operates, along with lending support and nurturing the ecosystem for micro enterprises.

Former Executive Director of SIDBI, Brij Mohan, is serving as the Chairperson of FAME. Under his aegis, the company will introduce a number of efforts for enhancing the skills and ability of micro entrepreneurs, resulting in self-sustainability of the sector.

As a matter of fact, Aye Finance happens to be at a position to aid these enterprises. The company has to its credit a rich experience with working on the ground with over 1 lakh such entrepreneurs. Using its not-for-profit arm, the fintech lender will launch various projects for supporting the micro enterprises, through non-financial aid and assistance, enhancing them on professional front and providing the motivation for their progression into the country’s new and advanced era.

Andrew s

Andrew has been in the online publishing industry. After receiving his degree in professional journalism from the Indian Institute of Journalism and New Media, he contributed to multiple websites as a freelance writer and feature editor. Mostly, Andrew tackles controversies and theories that lead to a specific conclusion that either debunk or justify a particular claim. Further, Andrew participates in social developments that aim to simplify every individual's way of life and fight for peace. He is the new Editor-in-Chief of Pressroom Today.

Share
Published by
Andrew s

Recent Posts

IPL 2024 Kicks Off In Style: All-Star Teams Prepare to Play for the Cup

The popular sports league, which garners significant viewership from India and abroad, has initiated its…

6 months ago

Lok Sabha Elections 2024: India’s Future Awaits ‘Saath Phase Paar’

The total number of registered voters is more than the combined population of all European…

6 months ago

Scam 2024: The Electoral Bonds Scheme And Its Top Contributors Come to Light

Who paid whom, how much and WHY? These are the general questions that everyone asked…

6 months ago

Growing FinTech Sector in India: Key Players and Innovations with Alok Kumar Agarwal

Alok Kumar Agarwal states, “The Indian FinTech sector is not just growing; it is revolutionizing…

6 months ago

Centre Notifies Rules for CAA: Stirs the Indian Political Arena Across Different Levels

The new legislation aims to uplift persecuted minorities by granting them Indian citizenship based on…

6 months ago

Centre Notifies Rules for CAA: Stirs the Indian Political Arena Across Different Levels

The new legislation aims to uplift persecuted minorities by granting them Indian citizenship based on…

6 months ago