“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 credit to ensure their continued success.
Lenders such as NeoGrowth are supporting the needs of India’s women business owners by offering inclusive and speedy credit, irrespective of their background. ~25% of our total disbursements are to women entrepreneurs. We must continue to strive towards creating an enabling environment that supports and promotes women-led MSMEs, through a concerted effort from all stakeholders, including policymakers, financial institutions, and society at large. Together, we can build a more equitable and prosperous future for all.”- Mr. Arun Nayyar, Chief Executive Officer, NeoGrowth Credit