Tag: Small Businesses6
Impact Companies Tag: Small Businesses 3
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Company
Aye Finance
India
Aye Finance incorporated in the year 2014 is a new age finance company that provides business loans to the small and micro enterprises across India..Finance Requirement of this segment has been estimated to be over Rs. 5 trillion and most of the Banks and traditional finance companies do not address this demand due to operational constraints. Aye Finance use innovative credit appraisal methodology coupled with use of modern workflow automation to make this segment accessible to organized lending.
| Financial & Insurance activites |
Company
Patronicity
United States of America
Patronicity supports building vibrant communities by connecting small businesses organizations & events with local patrons and sponsors to help them grow one project at a time. Patronicity is a localized crowdfunding platform that enables anybody to make a difference in their community by supporting local businesses organizations & events while simultaneously offering them incentives to do so. We accomplish this by helping these local entities for example a small business raise small amounts of capital through online donations for specific growth related projects. In return for their support the business offers value adding rewards to the donors. In this way we create a series of win wins the business wins because it is able to raise money to grow the donors win because they receive a valuable incentive for their support and the community wins because businesses are thriving and patrons are walking the streets!
| Other |
Company
The Community Markets Purchasing Real and Affordable (Compra)
United States of America
Community Markets Purchasing Real and Affordable (COMPRA) Foods is a purchasing cooperative project that creates an alternative food distribution system for small grocers and convenience stores in food desert neighborhoods in Los Angeles. There is currently a large disconnect in the food system in these communities. Small food retailers in the Promise Zone often source their food products from big box grocers paying full price for these products and then marking them up for sale in their own establishments. This often occurs because entrepreneurs lack relationships with distributors who can deliver produce to their businesses at wholesale prices. Small and mid size farmers who may be interested in selling their produce directly to these establishments also lack the relationships and efficient distribution systems that can connect them to the hundreds of stores in low income food deserts.This service gap between growers distribution companies and small food retailers impacts low income consumers tremendously.
| Other |