Live Breaking News & Updates on Ignifying An Increase In Women Business Owners

Mumbai (Maharashtra) [India] August 3 (ANI/PRNewswire): Over 22 per cent of small businesses that availed loans in FY 2022 were run by women, signifying an increase in women business owners, as per the latest annual NeoGrowth Social Impact report. This report explores the direct positive social impact of NeoGrowth's business activities on employment generation, empowerment of women entrepreneurs, improvement of credit scores, and making credit accessible to MSMEs. This is the 8th edition of the Report, which covers data for FY 2021-22. With the knowledge of health and wellness at an all-time high even in the MSME community, 92 per cent of the company's 20,000+ borrowers availed healthcare coverage in FY 2021-2022. Loan disbursals to women borrowers have grown exponentially at a CAGR of 72 per cent since FY 2015, signifying gender equality. The company also supported the Government's financial inclusion agenda, by advancing 60 per cent loans to emerging small businesses that ....

Mansi Munjal , Varun Nayyar , Seed Ventures Fund , Banking Financial Company , Omidyar Network , Accion Frontier Inclusion Fund , Medium Enterprises Msmes , Neogrowth Social Impact , Whole Time Director , Medium Enterprises , Systemically Important , Financial Company , Khosla Impact , Ventures Fund , Mumbai Maharashtra India August 3 Ani Prnewswire Over 22 Per Cent Of Small Businesses That Availed Loans In Fy 2022 Were Run By Women , Ignifying An Increase In Women Business Owners , S Per The Latest Annual Neogrowth Social Impact Report This Explores Direct Positive Of 39s Business Activities On Employment Generation , Mpowerment Of Women Entrepreneurs , Mprovement Of Credit Scores , Nd Making Credit Accessible To Msmes This Is The 8th Edition Of Report , Hich Covers Data For Fy 2021 22 With The Knowledge Of Health And Wellness At An All Time High Even In Msme Community , 2 Per Cent Of The Company 39s 20 , 000 Borrowers Availed Healthcare Coverage In Fy 2021 2022 Loan Disbursals To Women Have Grown Exponentially Ata Cagr Of 72 Per Cent Since 2015 , Ignifying Gender Equality The Company Also Supported Government 39s Financial Inclusion Agenda , Y Advancing 60 Per Cent Loans To Emerging Small Businesses That Have Been In Operation For Less Than Or Equal 5 Years , 6 Per Cent To Young Entrepreneurs Below 35 Years Of Age ,