With Microfinance becoming the cornerstone of inclusive growth, Sanjeev Bhandari, Chief Business Officer, Ensuredit Technologies, discusses what makes Microfinance powerful and how people are using it worldwide and inclusively. quiet revolution is underway and it’ s

A transforming the very architecture of financial security for billions. From the villages of Uttar Pradesh to the coastlines of Mozambique, a new kind of financial safety net is taking shape, one that doesn’ t require wealth, just a mobile phone and trust.

Microfinance insurance is no longer a niche concept. It is becoming the cornerstone of inclusive growth, with a global market expected to reach US $ 96 billion by 2029, up from US $ 70 billion in 2024. But more than the numbers, it’ s the impact, real, rapid and rising that makes this revolution so exciting.

Smart tech, simple access

Once time-consuming and paperworkheavy, insurance is now becoming

intuitive, invisible and instant. Thanks to mobile-first platforms, AI-powered underwriting, satellite data and Blockchain, insurance is reaching lowincome workers, farmers, gig drivers and micro-entrepreneurs, often with affordable premiums.

In Kenya, health insurance is bundled with mobile wallets. In India, bite-sized accident and hospital plans are being delivered via WhatsApp. In Latin America, parametric crop insurance is protecting smallholder farmers against drought, with payouts triggered automatically when weather thresholds are breached.

This isn’ t innovation for the few. It’ s smart inclusion for the many.

Resilience, not just returns

What makes microinsurance powerful isn’ t just the affordability, it’ s the purpose.

www. intelligentfin. tech

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