Thinking small to weave a safety net of savings
A Chennai-based startup is aiming to provide financial services to 600 million people in the informal sector
Ramani Sekar, 38, is the sole breadwinner of her family of five in Tambaram, Chennai. She works as a daily wage labourer and a domestic help, earning around ₹200 a day. Her 47-year-old husband went blind a couple of years ago and has no work. Her son, 17, quit studying after school and stays at home. Her daughter, 20, completed a nursing course, but is unemployed. Ramani’s mother also stays with her.