There is a growing local workforce that is serving us daily but are and continue to be unprotected, financially stressed. They borrow from the private market at high rates (30-50%) to fund our deliveries/meet their daily needs. Example: 500,000 Milk & Newspaper Delivery Agents across Top 10 cities. NagadPe wants to simplify the business of vendors of daily essentials like newspaper and milk vendors, and their customers and distributors. In this line of business, the vendors typically offer their services as a post-paid subscription to their customer base. Their distribution happens in the early hours of the day and it is a repeat business with long term relationships with the customers. The customers and vendors maintain a ledger (khaata) of the daily purchases and customers typically settle the dues on a monthly basis based on this ledger. Since the customers pay at the end of the month, the vendors require working capital to source goods for up to a month. In some cases, the goods are provided on credit to the vendors by suppliers or distributors who in turn require working capital for this. Vendors and distributors usually get access to working capital from the non-banking sector at high interest rates.