How GoCredit Is Helping Indians Improve Credit Scores and Access Cheaper Loans

From Chefs to Shopkeepers: Real Stories of How GoCredit Is Changing Lives

1. Priya — The Gig Worker Who Took Control of Her Finances

GoCredit empowers gig workers with accessible and affordable loans, enhancing their financial wellbeing and supporting their daily endeavors.

Priya, 27, is a delivery partner for a popular food delivery app in Bengaluru. Her income fluctuates every month, and when her bike broke down, she needed urgent funds to keep working.

Before GoCredit, she would have borrowed from informal lenders at sky-high interest rates. But through the app, Priya found instant pre-approved loan offers from regulated lenders — tailored to her irregular income profile.

GoCredit’s EMI optimisation tool showed her repayment plans she could actually afford, even in slow months. Within weeks, Priya cleared her high-interest informal debt and replaced it with a safer, cheaper loan.

Today, her credit score is on the rise, and she’s even started saving for her dream of owning her own food cart.

2. Ramesh — The Small-Town Shop Owner Who Got His First Formal Loan

A shopkeeper proudly displays the Gocredit app on his smartphone, showcasing access to affordable loan offers crucial for the seamless operation of his business.

Ramesh runs a small electronics shop in Gaya, Bihar. For years, he managed his business purely on cash and supplier credit — meaning he had no formal credit history.

When he wanted to expand his store with a refrigerator and new display units, banks refused his loan applications due to “no CIBIL record.”

Through GoCredit, Ramesh accessed an AI-based instant credit profiling system that considered his GST transactions, UPI payments, and bank statement patterns. This alternative scoring unlocked his first formal loan — at a competitive rate.

The app also guided him on how to build his credit profile so future loans would be easier and cheaper.

Now, Ramesh’s shop is bigger, his monthly sales have grown, and for the first time, he feels part of India’s formal financial system.

3. Ananya — The Young Professional Who Reclaimed Her Credit Score

A Young Gen Z professional worker managing her credit profile with GoCredit AI

Ananya, 25, had just started her career in Mumbai when she fell behind on her credit card bills during the pandemic. Her score dropped sharply, and every loan she applied for was rejected.

Through GoCredit, Ananya discovered the exact negative entries pulling her score down. The app connected her to Loan Kavach — GoCredit’s legal expert service — which negotiated with her bank to settle the outstanding debt.

Once the settlement was reported, her score started improving. GoCredit’s monthly credit monitoring kept her motivated, and within a year, she was eligible for a low-interest personal loan.

Today, Ananya has a financial cushion, a better score, and the confidence to plan for big life milestones like buying her first home. The Common Thread

Whether it’s:

• A gig worker avoiding debt traps,

• A small-town entrepreneur entering formal credit, or

• A young professional rebuilding after financial setbacks —

GoCredit’s AI-driven credit management platform is removing barriers, offering personalised solutions, and creating a financially empowered India. GoCredit: Building India’s Path to Financial Inclusion, One Story at a Time