About Ladee

The word Ladee in Hindi means a “link”. Like its name, the Ladee Foundation is an organization created to research on solutions to solve last mile issues that hinder financial inclusion.

Financial inclusion refers to the affordable and sustainable access to financial products particularly savings, insurance and credit by individuals and businesses. While 80% of Indians have access to savings accounts at a formal financial institution, only 40% of Indians repeatedly access their savings. India also sees the lowest penetration of formal credit services, with only 7% of Indians possessing access to institutional credit, despite the widespread proliferation of NBFCs, MFIs, SFBs and banks in India.

The Ladee Foundation intends to focus on the exclusion by developing solutions catered for financial institutions at the grassroots to resolve problems that hinder access.

About The Founder

Ladee was founded by Neha Koshy, a lawyer who specializes in Banking and Financial regulations. As a lawyer she assisted small finance banks and a payment bank set up their operations in India. This experience brought her close to understand the microfinance model and its functioning. With the belief that access to financial services is key to empowerment, the Ladee Foundation is focussed on promoting access to credit amongst women.

Our Focus

The Ladee Foundation’s focus is on promoting access to credit amongst women:

The Ladee Foundation is focused on developing solutions to help women, who are excluded from formal financial systems access credit.

Our Experiences

About Us

What is Ladee?

The word Ladee in Hindi means a “link”. Like its name, the Ladee Foundation is an organization created to research on solutions to solve last mile issues that hinder financial inclusion.

Financial inclusion refers to the affordable and sustainable access to financial products particularly savings, insurance and credit by individuals and businesses. While 80% of Indians have access to savings accounts at a formal financial institution, only 40% of Indians repeatedly access their savings. India also sees the lowest penetration of formal credit services, with only 7% of Indians possessing access to institutional credit, despite the widespread proliferation of NBFCs, MFIs, SFBs and banks in India.

The Ladee Foundation intends to focus on the exclusion by developing solutions catered for financial institutions at the grassroots to resolve problems that hinder access. The solutions are focused on solving twin problems of asymmetry of information and adverse selection, by studying behavioral patterns of borrowers and leveraging affordable technology to solve the problem of access.

The Founder

Ladee was founded by Neha Koshy, a lawyer who specializes in Banking and Financial regulations. As a lawyer she assisted small finance banks and a payment bank set up their operations in India. This experience brought her close to understand the microfinance model and its functioning. With the belief that access to financial services is key to empowerment, Neha started Ladee to work on developing solutions to facilitate greater access.

Our Focus

The Ladee Foundation’s Focus is Two Fold:

1. Research on Access to Banking Services:
The Ladee Foundation is conducting on-ground qualitative research to fill in the existing knowledge on access to banking services and efficacy of government’s intervention in this regard.

2. Solutions to Facilitate Access to Credit:
The Ladee Foundation is working on developing solutions to facilitate access to credit through two routes:

Formalization of Informal Credit

The Ladee Foundation is focused on developing solutions that will help existing informal lenders formalize their operations through the incentive of access to low cost capital and low cost book keeping technology.

Enabling Access to Low Cost Technology for Underwriting

Weak underwriting is a problem that plagues microfinance institutions and hinders their access to institutional capital. It perpetuates the adverse selection of borrowers and hinders access to credit. The Ladee Foundation is working on developed technology based solutions to assist microfinance institutions in underwriting and thereby promote access to credit.

Our Experiences

Browse the latest articles from our blog!

OUR RESEARCH WITH PRADAN

Self help groups (SHGs) are small groups of 10-15 people, typically women, typically from similar socio economic and religious backgrounds, who are come together and meet on a weekly/bi-weekly basis...