Women Empowerment

SBP takes necessary steps to promote tech startups – The News International

The State Bank of Pakistan is taking all necessary initiatives to provide an enabling environment for the information and technology startups and women financial inclusion, the central bank’s governor said on Monday.

“The SBP is working on gender mainstreaming policy titled ‘Banking on Equality: Reducing the Gender Gap in Financial Inclusion’.

The proposed policy aims to introduce a gender lens within the financial sector through identified pillars and specific measures, to bring a shift towards women friendly business practices,” the SBP’s Governor Reza Baqir said at an event organised by Sehat Kahani, a telemedicine startup that has raised $1 million in a Pre-Series A round. READ MORE

Kinara Capital Secures INR 52 Crores from IIX’s Women’s Livelihood Bond Series for HerVikas Discounted Loan Program for Women Entrepreneurs – Latestly

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. READ MORE

Kinara Capital Secures INR 52 Crores from IIX’s Women’s Livelihood Bond Series for HerVikas Discounted Loan Program for Women Entrepreneurs – MRT

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. READ MORE

Kinara Capital Secures INR 52 Crores from IIX’s Women’s Livelihood Bond Series for HerVikas Discounted Loan Program for Women Entrepreneurs – IT News Online

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. READ MORE

Kinara Capital Secures INR 52 Crores from IIX’s Women’s Livelihood Bond Series for HerVikas Discounted Loan Program for Women Entrepreneurs – Lokmat English

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.  READ MORE

Kinara Capital Secures INR 52 Crores from IIX’s Women’s Livelihood Bond Series for HerVikas Discounted Loan Program for Women Entrepreneurs – Yahoo News

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. READ MORE

Indian fintech firm Kinara Capital bags $7m in funding for women entrepreneurs – Tech In Asia

Kinara Capital, a fintech company that provides loans to micro, small, and medium enterprises, announced it has secured 520 million rupees (US$7 million) in investment from Impact Investment Exchange (IIX).

Founded in 2011, Kinara Capital is a non-banking financial company that propels the financial inclusion of small entrepreneurs through collateral-free business loans.

It launched its HerVikas business loans program in March last year to accelerate the financial inclusion of women entrepreneurs in India. The program enables their “vikas” or progress with an automatic upfront discount of 1% on interest costs on collateral-free business loans between 100,000 rupees (US$1,363.2) and 3 million rupees (US$40,898.6). READ MORE

Kinara Capital secures Rs 52 Cr from Impact Investment Exchange for women entrepreneurs – Your Story

Small business lender Kinara Capital on Monday announced securing Rs 52 crore from Impact Investment Exchange (IIX) for the advancement of women entrepreneurs in India. This investment fund will be disbursed via Kinara Capital’s established HerVikas discounted loan programme to an estimated 2,500+ women-owned small businesses.

The HerVikas programme enables ‘her progress’ with an automatic upfront discount of one percent on interest costs on fast, collateral-free business loans in the range of Rs 1 lakh to 30 lakh. The discounted loan programme for women-owned MSMEs is available in 90+ cities across the states of Andhra Pradesh, Gujarat, Karnataka, Maharashtra, Tamil Nadu, Telangana, and Puducherry (UT). READ MORE

Kinara Capital secures INR 52 crore for HerVikas program – Big News Network

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. READ MORE

Women and sustainable finance: fuel for the engine of COVID recovery – The European Sting

An alliance of 84 global leaders have convened since April 2020 under the World Economic Forum’s COVID-Response Alliance. Their aim? To harness the resources and collective strengths of the public and private sectors, in a bid to ensure that the world responds effectively to underserved communities.

Together with members ranging from Impact Investment Exchange (IIX) to Salesforce and the USAID Center for Innovation and Impact, the Alliance launched a 2021 Roadmap during the Davos Agenda that will drive critical resources – both financial and non-financial – for social entrepreneurs who are advancing inclusive recovery around the world. READ MORE