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Data from a private survey has shown that the credit demand from women-led MSMEs doubled by the end of the festive months of 2022 as compared to the pre-Covid-19 festive season of July – October 2019.
According to a NeoGrowth survey, the two-fold rise in credit requirements of women-led small businesses is driven by strong consumer demand post economic revival and subdued festive season spending over the past two years. NeoGrowth is a digital lender which focuses on MSMEs.
