Learning Resource Detail

Lok Capital and Veritas Finance: An Aligned Mission to Drive Inclusion at Scale

Report and case study on Lok Capital and Veritas Finance, jointly developed by CIIP, Singapore Management University and Accenture, which provides insights into the impact journey of investors and businesses in Asia

8 Jun 2022 | 1 min read

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Veritas Finance offers loans to MSMEs in India at an affordable rate, with the support and stewardship of impact investor Lok Capital.

With a diligent credit-screening process, Veritas is able to serve the MSME segment despite the absence of financial documentation, offer sustainable financing solutions that make a critical difference in the livelihoods of its customers. Beyond financial capital, Lok Capital is providing strategic guidance to Veritas on product development and expansion. Going forward, the investor is supporting Veritas to seek more like-minded investors to support scaling as well and drive improvements to reduce costs, with a view of passing on cost savings to its customers.

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