Kinara Capital Commits INR 575+ Crores in Business Loans Disbursement for MSMEs in Karnataka by FY24

Bengaluru | Friday | 15th September, 2023

Summary:

Kinara Capital, a fast-growing fintech driving MSME financial inclusion, today reiterated its commitment to fostering MSMEs in Karnataka. It aims to disburse over INR 575+ crores in business loans in FY24 and support the growth of MSMEs in the state. Till date Kinara has disbursed more than INR 1,089 crores across 20,717 business loans in Karnataka. Through HerVikas program, Kinara Capital has disbursed more than INR 87 crores across 956+ business loans to women entrepreneurs in Karnataka. Kinara Capital has disbursed over INR 5,000+ crores to date across 90,000+ collateral-free business loans thereby propelling vast financial inclusion of India’s MSME sector..