Microfinance Business

Bridging the Financial Gap

Millions of people in emerging markets remain unbanked, limiting their ability to access credit and improve their financial standing.
As of 2021, 57% of adults in Africa (350 million people) and 19% in India (240 million people) lacked access to banking and loan services. Without financial tools, economic mobility remains out of reach for many.

Finance

Making EV Ownership Accessible

We offer small, fast-tracked loans between USD 1,000 and USD 1,500 to individuals with no prior credit history.
By collaborating with EV Three-Wheel dealers, we provide hands-on loan guidance at trusted local stores. Our simplified application process ensures approvals within just 24 hours—helping more people get on the road to financial independence.

融資
EV mobility

Turning EV Three-Wheels into Earning Power

For many, owning an EV Three-Wheel isn’t just about transportation—it’s a path to stability. These vehicles serve as essential last-mile transport in bustling cities and remote villages alike, allowing drivers to earn steady incomes. Built for rugged roads, Terra Motors’ EV Three-Wheels minimize downtime and repair costs, keeping drivers moving and maximizing their earnings.

EV3輪
IoT

Smarter Vehicles, Smarter Lending

Every Terra Motors EV Three-Wheel comes equipped with IoT technology that tracks mileage and driving patterns.
This data-driven approach helps assess repayment capacity, reducing default rates and ensuring responsible lending.

IoT搭載

Why Terra Motors?

  • 顧客体験の向上

    Local Trust, Global Impact

    In low-income communities, trust is everything. Terra Motors partners with local EV Three-Wheel dealerships to create microfinance business access points, ensuring a seamless and reliable loan process in familiar, community-based settings.

  • ROIの最大化

    A Sustainable Model for Economic Growth

    Traditional microfinance business often struggles with high default rates, making it hard to sustain. Terra Motors takes a different approach—linking financing directly to income generation. By making EV Three-Wheels both a loan and a source of revenue, we help drivers achieve financial independence while ensuring loan repayment remains feasible.

Environment

Impact at a Glance

6500＋EV Three-Wheels financed

(as of Nov 2024)

USD 8.8Million
in loans disbursed

(as of Nov 2024)

50％＋ first-time borrowers

(New to Credit - NTC)

See our ESG report for more details

EV ecosystem

Terra Motors' EV Ecosystem: Driving the Future Forward

At Terra Motors, we set out to revolutionize mobility with EV Three-Wheelers.
But we quickly recognized a key challenge—many aspiring drivers couldn’t afford to make the switch.
That’s why we introduced Terra Finance, ensuring financial support for those who need it most.
Our commitment to innovation doesn’t stop there. We are continuously evolving the EV ecosystem, integrating cutting-edge battery technology, IoT connectivity, and upcoming sharing platforms to make electric mobility more accessible for all.

Terra Motors Terra Motor

Case Study

At Terra Motors, our mission goes beyond supplying EV Three-Wheel to commercial drivers—we’re building a dynamic EV ecosystem that sparks economic growth and drives positive social change through strategic partnerships with governments and businesses.

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