About SMV Wheels

About company

SMV Wheels is in the financial services business. It gives its customers, rickshaw drivers in India, the opportunity to own their rickshaws directly by providing asset based loans. Upon credit approval, rickshaw drivers are loaned a newly constructed, lightweight rickshaw which is paid for over the course of one year in weekly amounts that total no more than 15% of an operator's daily income. In addition, rickshaw drivers are given a formal license, insurance in the case of damage or theft, an identity card and a basic bank account.