Kinara Capital, a fintech driving financial inclusion of small business entrepreneurs, has marked its 4th year anniversary of its HerVikas program by allocating an additional INR 400 crores disbursement in FY24 in discounted business loans for women entrepreneurs. This brings the total commitment to date to INR 700 crores solely dedicated to driving financial inclusion of women entrepreneurs from the MSME sector. The program has exceeded its previous disbursement goal of INR 300 crores from FY20-23, with 38% higher disbursement of INR 414 crores across 4,305+ HerVikas business loans for women-owned MSMEs, generating INR 125+ crores in incremental income and supporting 32,680+ jobs in local economies across 6 States.
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