The Open Credit Enablement Network (OCEN) is steadily progressing from its early stages into a more robust growth phase. With its current ecosystem participants, OCEN has started facilitating smoother credit delivery to MSMEs. At the same time, numerous other players are integrating into the protocol and developing specialized loan offerings tailored to the needs of MSMEs.
Here’s a snapshot of the OCEN ecosystem’s key updates for February:
| Metric | Jan 2025 | Feb 2025 |
|---|---|---|
| No. of Lenders Live on OCEN | 7 | 7 |
| No. of Borrower Agents Live | 6 | 6 |
| No. of Technology Service Providers (TSPs) with active deployment | 2 | 3 |
| No. of Loan Products | 11 | 11 |
| No. of Loans Disbursed | 895 | 1567 |
| Disbursement Amount | ₹25.17 Crore | ₹33.67 Crore |
| Average Loan Ticket Size | ₹2.81 Lakh | ₹2.14 Lakh |
OCEN continues to engage with new participants to further expand the ecosystem, adding new products and scaling up efforts to transform credit access for MSMEs on a large scale.
For more information, please visit: http://ocen.dev
Please note: The blog post is authored by our volunteer, Rahul Bhaik