Over INR 650 crore of loans were availed by Women-run MSMEs in FY 2024, states NeoGrowth Impact Report

Published on :   Aug / 20 / 2024

NeoGrowth, an MSME-focused digital lender in India, is supporting women-run MSMEs, disbursing INR 650 crore in loans to them during FY 2024 which is a 34% uptick from the previous year. This amount represents a substantial 23% of the company’s total loan disbursals, which was INR 2,863 crore for the fiscal year. The NeoGrowth Impact Report 2024 reveals that over 3,600 women-owned MSMEs benefited from business loans, underscoring the company’s commitment to fostering financial inclusion through its integrated impact approach.

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