MICROCAPITAL BRIEF: Sa-Dhan Members, NextGen Telesolutions to Serve Microfinance Customers in India via Feature Phones

Sa-Dhan, a network of 150 microfinance institutions (MFIs) in India, recently partnered with India’s NextGen Telesolutions to deliver digital financial services to a group that is often excluded from financial services: people who have a mobile phone, but not a smartphone.

Jiji Mammen, the CEO of Sa-Dhan reportedly said, “Digitisation in collections