The Open Credit Enablement Network (OCEN) built on open network principles, unbundles MSME lending into specialized components, creating an ecosystem where different entities excel in one specific part of the lending process. These specialized entities focus on various tasks such as sourcing, distribution, identity verification, underwriting, capital arrangement, and collections. The result? A seamless, scalable model for MSME lending, made possible by OCEN 4.0.
Since its initial pilot deployment, the OCEN protocol has undergone continuous upgrades and improvements. Based on invaluable feedback and insight from ecosystem participants, the latest specifications address key challenges such as incentive alignment, dispute resolution, and network settlements through robust techno-legal frameworks. With these improvements, OCEN has already transitioned from its early stages and is now entering the growth phase.
OCEN Ecosystem Progress Snapshot:
We are now starting to publish monthly numbers of the OCEN ecosystem to build a trendline of progress.
As of January 2025, here’s a quick look at the latest numbers on the OCEN ecosystem:
| Metric | Month – Jan 2025 |
| No. of Lenders Live on OCEN | 7 |
| No. of Borrower Agents Live | 6 |
| No. of Technology Service Providers (TSPs) with active deployment | 2 |
| No. of Loan Products | 11 |
| No. of Loans Disbursed | 895 |
| Disbursement Amount | ₹25.17 Crore |
| Average Loan Ticket Size | ₹2.81 Lakh |
As the OCEN network grows, it is actively engaging with new participants to expand the ecosystem and scale up with additional products. As new products and partnerships are developed, we are excited to witness how OCEN will continue to evolve and transform credit access for MSMEs at scale.
For more information, please visit: http://ocen.dev
Please note: The blog post is authored by our volunteer, Rahul Bhaik