This feature by Entrepreneur India Women’s special issue highlights how Kinara Capital is solving the Missing Middle problem, the credit chasm between formal and informal lending for small businesses in India. It also spotlights the company’s commitment to empowering women mirco-entrepreneurs in India.
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This is a welcome announcement by the RBI, the one-time restructuring and extension of moratorium is definitely a welcome relief to an already stressed sector. MSMEs had just about recovered from the ramifications of last year's pandemic and 2021 had begun on a more positive note for small businesses who were looking to scale up this year. However, the unexpected Covid surge and subsequent lockdowns is pushing the MSME sector to its limits. The new allowances will save many small businesses who in turn are our surest bet to economic recovery in India given MSME contributions to national GDP, exports and to job creation.Read More