Category Archives: Buzz

Addressing the needs of the missing middle

Addressing the needs of the missing middle – As entrepreneurs we know the pains of getting funding. – Your Story It is the struggle that binds us. From the local artisan, to the aspiring app developer, everyone could use a little extra cash to help jumpstart his or her business. The problem, as we know, is finding a lender with fair prices that will accommodate the size and type of the company in need. So what are our options? We all know about microfinance, and despite ongoing debates…

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Kinara Capital Wins Financial Inclusion Award At Sankalp’14

Kinara Capital provides loans in the range of $2K-$20K (Rs.100K-Rs.1M) to micro and small enterprises in India filling the gap between microfinance and commercial capital. We work with network partners (buyers, trade organizations, franchisors, etc.) across supply chains to source and fund working capital needs of small manufacturing businesses, artisan clusters and agri-retailers. Continue reading…

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Hardika Shah elected as Ashoka Fellow 2014

Hardika Shah

Hardika Shah elected as Ashoka Fellow 2014 –

By financing the supply chain and mitigating risks in new ways, Hardika is creating new architecture to lend to the millions of small and medium enterprises without collaterals or credit history.

She is providing enterprises with the critical support that has a huge multiplier effect of moving them up the value chain and to attain full economic citizenship. The debt gap for micro and small enterprises in India is about $198 billion, growing at 11% per year. Falling in between large businesses and individuals, these enterprises are neither serviced by traditional banks nor by microfinance institutions due to the perceived risk and lack of collaterals. Continue reading…