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RevFin Witnesses Over 5500 Women E–Rickshaw Drivers from Bihar and Uttar Pradesh

RevFin Services celebrates the remarkable rise of women from Tier 2 and 3 cities in India, who have shown immense interest in availing loans to drive the EV revolution while embracing equity.

August 28, 2023. By News Bureau

RevFin Services celebrates the remarkable rise of women from Tier 2 and 3 cities in India, who have shown immense interest in availing loans to drive the EV revolution while embracing equity.

On Women Equality Day, the company recognize that women have the potential to earn as much as men, breaking through any glass ceiling. According to data generated from various states, the EV industry's representation of talented and empowered women in Tier 2 and 3 markets stands at an encouraging 24%.

Bihar and Uttar Pradesh lead the way, with an impressive number of more than 5500 women availing loans.

RevFin's report vividly showcases women’s empowerment through EV financing across various states. States like Uttarakhand account for 550 women securing loans, while Jharkhand stands at 362.

Sharing his insight on the report, Sameer Aggarwal, CEO and Founder of RevFin, said, “It’s commendable to witness the remarkable ascent of women hailing from tier 2 & 3 cities. By embracing EV financing opportunities, they are no longer just the bread makers but are also taking charge as the breadwinners of their households. In pursuit of empowerment, they have encountered unique hurdles in accessing loans. At Revfin, our seamless loan process stands as a beacon of support, providing these incredible women with the financial resources they deserve. Together, we forge a path where their potential thrives, and their families prosper. Let us celebrate their unwavering determination as they shine brightly, illuminating a brighter tomorrow."

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