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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 ....

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Kinara Capital secures INR 52 crore for HerVikas program

Kinara Capital secures INR 52 crore for HerVikas program
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Kinara Capital secures INR 52 crore for HerVikas program

Kinara Capital secures INR 52 crore for HerVikas program
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Kinara Capital secures INR 52 crore from IIX's women's livelihood bond series for HerVikas discounted loan program 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
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Monday thoughts: Is your KiwiSaver making an impact?

123RF
KiwiSaver now has $70 billion of New Zealanders’ savings.
Not buying factory farmed eggs or cosmetics tested on animals. Choosing fair trade, less carbon intensive or lower waste products. Walking more and driving less. These are all small changes in our lives that collectively put pressure on companies to change their behaviour.
Investing is no different. How we choose to invest our money makes a real impact.
Close to $20 trillion is invested around the world in low carbon intensity funds. This starves the worst climate change enabling companies of low-cost capital and forces them to change if they want to remain a destination for investment capital. ....

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