> Six months after subscribing, Singh received an instant loan of 3 lakh rupees (around $3,600) from Paytm. He used the money to add more products to his store.

> Six months after subscribing, Singh received an instant loan of 3 lakh rupees (around $3,600) from Paytm. He used the money to add more products to his store. “I had never thought of taking up a loan since it involves lots of paperwork and could take months to get processed. Here, I got it instantly so I took it up,” he said. After he paid it off, Singh took another loan from Paytm for 5 lakh rupees (around $6,000). This a brilliant strategy for generating proof of financial transactions and thus making small businesses eligible for credit.