Kinara Capital is a Social Enterprise Supporting Startups in India
Rebecca Byers — September 4, 2012 — Social Good
References: kinaracapital & business.outlookindia
Founded in November 2011 by Hardika Shah, Kinara Capital is a social enterprise based in Bangalore, India that aims to fill the gap between micro-finance and commercial capital. The Kinara Capital business model is one that is scalable and low cost, but also services the specific needs of micro enterprises.
Kinara Capital provides loans to micro and small enterprises with a view to enabling new jobs and creating sustainable incomes and businesses. Kinara Capital's loans range from $2,000 to $20,000, while its shareholders' agreement ensures that investors are dedicated to the social objective instead of the monetary benefit.
According to Kinara Capital's website, only 5% of India's 26 million small enterprises have access to capital, a statistic that reiterates the mission behind the small loan-providing business. Kinara Capital endeavors to enable financial inclusion and economic development through sustainable small businesses.
Contact Information
Kinara Capital website
Kinara Capital provides loans to micro and small enterprises with a view to enabling new jobs and creating sustainable incomes and businesses. Kinara Capital's loans range from $2,000 to $20,000, while its shareholders' agreement ensures that investors are dedicated to the social objective instead of the monetary benefit.
According to Kinara Capital's website, only 5% of India's 26 million small enterprises have access to capital, a statistic that reiterates the mission behind the small loan-providing business. Kinara Capital endeavors to enable financial inclusion and economic development through sustainable small businesses.
Contact Information
Kinara Capital website
Trend Themes
1. Financial Inclusion - Opportunity to disrupt the financial industry by providing loans to micro and small enterprises that lack access to capital.
2. Social Entrepreneurship - Opportunity to disrupt traditional business models by creating scalable and low-cost solutions that address the specific needs of micro enterprises.
3. Sustainable Small Businesses - Opportunity to disrupt the market by supporting the growth of small businesses, ultimately enabling economic development.
Industry Implications
1. Micro-finance - Opportunity for disruptive innovation by bridging the gap between micro-finance and commercial capital to provide loans for micro and small enterprises.
2. Social Enterprise - Opportunity for disruptive innovation by combining financial objectives with social impact, targeting the needs of micro enterprises.
3. Small Business Financing - Opportunity for disruptive innovation by offering small loans to micro and small enterprises, filling the gap in access to capital.
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