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Women-run small and medium enterprise (MSME) customers availed INR 430 crore worth of loans accounting for a significant portion (24%) of overall loans (total disbursals of close to INR 1,900 Cr. in FY 2023) disbursed to MSMEs, according to the NeoGrowth Impact Report 2023.The report stated that more than 2600+women-ownedMSMEs availed business loans in the last fiscal year. NeoGrowth is an MSME-focused digital lender in India, leveraging the digital ecosystem. Released annually, the 9th ed...
Over INR 400 crore of loans were availed by women-run MSMEs In FY 2023, states NeoGrowth Impact Report
Quote by Mr. Arun Nayyar, Chief Executive Officer, NeoGrowth Credit “Women entrepreneurs are an inspiration to everyone. Right from a grocer to the owner of a manufacturing unit employing hundreds, women entrepreneurs are the epitome of grit and resilience. Our MSME Business Confidence Study 2023 revealed that ~80% of women MSME owners expect to opt for a business loan in 2023. It is crucial that we support and empower these women entrepreneurs with the necessary tools and timely cre...
Quote on International Women`s Day by Mr. Arun Nayyar, Managing Director & CEO, NeoGrowth
NeoGrowth reaffirms commitment to MSMEs; launches secured loan offerings in MSME Week June 28, 2021: NeoGrowth Credit Pvt. Ltd., a pioneer in SME lending in India, launched the NeoCash Plus and Vendor Finance Plus as variants of secured loans for MSMEs, to coincide with the MSME Week. This is the first time that the company has come up with a suite of secured loan products for small businesses. The NeoCash Plus is targeted to online and offline retailers who wish to get the maximum loan...
NeoGrowth reaffirms commitment to MSMEs; launches secured loan offerings in MSME Week
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