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Kinara Capital Secures INR 52 Crores from IIX s Women s Livelihood Bond Series for HerVikas – India Education,Education News India,Education News

Share Bangalore: Kinara Capital, a leading socially responsible fintech driving MSME financial inclusion, today announced securing INR 52 crores from Impact Investment Exchange (IIX) for the advancement of women entrepreneurs in India. Kinara Capital, a leading socially responsible fintech driving MSME financial inclusion, today announced securing INR 52 crores from Impact Investment Exchange (IIX) for the advancement of women entrepreneurs in India. This sustainable investment fund will be disbursed via Kinara Capital’s established HerVikas discounted loan program to an estimated 2500+ women-owned small businesses. The expected impact of the partnership between IIX and Kinara Capital will generate an incremental income of INR 320 crores for women entrepreneurs.

Kinara Capital secures INR 52 crore from IIX s women s livelihood bond series for HerVikas discounted loan program for women entrepreneurs

Bangalore (Karnataka) [India], March 8 (ANI/BusinessWire India): Kinara Capital, a leading socially responsible fintech driving MSME financial inclusion, today announced securing INR 52 crores from Impact Investment Exchange (IIX) for the advancement of women entrepreneurs in India. This sustainable investment fund will be disbursed via Kinara Capital s established HerVikas discounted loan program to an estimated 2500+ women-owned small businesses. The expected impact of the partnership between IIX and Kinara Capital will generate an incremental income of INR 320 crores for women entrepreneurs. The investment from IIX s Women s Livelihood Bond Series in our HerVikas program brings fresh impetus to the need for financial inclusion of women entrepreneurs. Empowering women has a strong impact on improving the quality of life for families and achieving gender parity can add 27 per cent to India s GDP, said Hardika Shah, Founder and CEO, Kinara Capital. IIX is a trailblazer in gender

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