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February 22, 2021
Kinara Capital Secures USD 10 Million from IndusInd Bank with 100 Percent Guaranty from U.S. International Development Finance Corporation DFC
    • February 22, 2021
    • Hardika Shah, Loren Rodwin and Roopa Satish
    • < 1 mins read
    Written by
    Hardika Shah, Loren Rodwin and Roopa Satish
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    "Kinara lends to MSMEs across manufacturing, trading and services sectors, Hardika Shah, founder and chief executive said. Roopa Satish of IndusInd Bank said the DFC guarantee eliminates forex fluctuation risks from the balance sheet of Kinara and it has become an important tool to mobilise debt funding for impact space companies. Loren Rodwin of DFC said Kinara's commitment towards financial inclusion has made it possible for us to collaborate with India's small businesses. "

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