" In the longer term, the financial services angle is incredibly interesting. Jazz has a rich data set in their consumer habits and their agent network while Dastygr has a similar understanding of their Kiryana store customer base."
I am still not sure about where the cheap money for lending will come from. With current interest rates, how do they make good on the financial services angle, usually the standard pitch is that of de-risking lending to the unbanked via data.
Unless there is another pitch from the financial services angle that i might not be aware of.
Recovery will be an issue too as always in our society.
Hi Khurram - thanks for your thoughtful comment. It's a great question on the lending side, perhaps Dastygr will be able to leverage Telenor Microfinance Bank's deposit base for their lending efforts. While recovery is an issue, I find it likely that the quality of credit-scoring will be much better if a store has multiple relationships with the lender
" In the longer term, the financial services angle is incredibly interesting. Jazz has a rich data set in their consumer habits and their agent network while Dastygr has a similar understanding of their Kiryana store customer base."
I am still not sure about where the cheap money for lending will come from. With current interest rates, how do they make good on the financial services angle, usually the standard pitch is that of de-risking lending to the unbanked via data.
Unless there is another pitch from the financial services angle that i might not be aware of.
Recovery will be an issue too as always in our society.
Hi Khurram - thanks for your thoughtful comment. It's a great question on the lending side, perhaps Dastygr will be able to leverage Telenor Microfinance Bank's deposit base for their lending efforts. While recovery is an issue, I find it likely that the quality of credit-scoring will be much better if a store has multiple relationships with the lender
Ok so i assume dastgyr might be able to lend out money but other similar players like bazaar etc might find it difficult. Is that assumption correct?
It definitely won’t be easy for anyone but there’s a lot more strategic partnerships that I am sure are in the works
Might lead to M and A in the long run if truly beneficial.