Sai Krishna Kumaraswamy

Financial Sector Analyst

Sai Krishna Kumaraswamy is part of the Business Models pillar at CGAP. He works on digital finance innovations that enable improved livelihoods and expanded access to essential services for the poor, focusing on micro and small enterprise financing, asset finance and the intersection of gender and off-grid energy access.

Previously, Sai Krishna worked as a researcher at the Gender Group and at the Global Infrastructure Facility of the World Bank. He has over eight years of emerging market experience providing audit, advisory, and consulting services to clients in the financial services, energy, infrastructure, technology and government sectors.

Sai Krishna is a Chartered Accountant. He obtained a Master’s degree in Political Economy and Development Economics from The Fletcher School at Tufts University, a Master’s degree in Liberal Arts from Ashoka University and an undergraduate degree in Accounting, Business and Finance from St. Joseph’s College, Bangalore. He is fluent in Tamil, Kannada and Hindi.

By Sai Krishna Kumaraswamy

Research

No Small Business: A Segmented Approach to Better Finance for Micro and Small Enterprises

This paper is based on primary research conducted with 383 micro and small enterrpises (MSEs) in India, Kenya, and Peru – three diverse emerging markets with a vibrant MSE finance ecosystem that includes strong incumbent providers like microfinance institutions, cooperatives, and banks, as well as innovative new providers like fintechs.
Blog

Why Don’t MSEs Trust Digital Credit Providers?

Lack of trust in formal financial service providers among MSEs (especially the smallest, poorest, and women-owned enterprises) is a looming concern. While technology offers hope, more needs to be done to gain the trust of customers at the last mile.
Blog

Does PAYGo Solar Improve Women’s Lives? A Look at the Evidence

Pay-as-you-go (PAYGo) solar financing has electrified the homes of more than 100 million people. What does the available evidence say about its impact on women?
Blog

Opening Pandora’s Box: Revisiting the Impact of Small Business Finance

The debate over the impact of small business finance is far from settled. Here are four gaps in the evidence base that should be filled to move the debate forward.
Research

Micro and Small Enterprise Finance: Examining the Impact Narrative

Micro and small enterprises are a vital part of the livelihoods and resilience strategies of poor households across emerging markets. This deck reviews existing impact literature and identifies key knowledge gaps.