We’re locals. All of our staff is from the location in which they are working. We know the terrain and the culture.
We’re local. We are there, on the ground, forming partnerships, enlisting experts and building infrastructure to support new businesses and fuel the economy of the community.
We work with a broad network of local and international experts on various aspects of financing.
The commercial vehicle market is driven by the aspirations of driver turned owners, first time users and first time buyers and small road transporters. Typical end clients come from low income households who have limited access to formal sources of financing and whose livelihood is directly dependent on the vehicle.
In the vehicle segment, we have developed in-house valuation matrices for valuation of different model-makes of vehicles. This is also supported by independent vehicle valuation. While the cash-flow analysis is limited as most of the vehicles in the segment operate on market load and do not have formal employment contracts, the repayment capacity is based on our understanding of the vehicle and it’s earning capacity in the market it operates in.
Most of the delay in the vehicle finance segment is situational in nature and does not lead into ultimate default. We have thus developed relationship focused collection models with an objective to remain in constant touch with the borrower and keep abreast with the related issues and devise the collection strategy accordingly.
Manoj Mahato from Purulia already owned 2 trucks. Aris Capital provided the loans to buy more vehicles and expand his businessManoj Mahato
This young man Sudhir Kumar from Ranchi aspired to own trucks like his father. Aris Capital helped fulfil his aspirations of entrepreneurshipSudhir Kumar
Guddu Yadav from Asansol has been driving tractor for the past two decades. Aris Capital helped convert him from a driver to an ownerGuddu Yadav
Samir Das, a farmer from Krishnanagar, needed funds for a truck – Aris funded the purchase and helped select an asset recognizing usage of the asset for transportation in non-harvest season.Samir Das
Bindeshwar Shaw, truck driver who is a regular on the Kolkata-Guwahati route, was finally able to have his own truck because of Aris Capital. Aris also helped connect him with transport brokers in Assam to help obtain regular loads.Bindeshwar Shaw