Dvara KGFS has entered into a co-lending partnership with HDFC Bank to supply enterprise capital to micro enterprise items working primarily in rural areas and the unorganised sector throughout 10 States.
Dvara KGFS unveiled the enterprise loans vertical in 2020 with concentrate on three major worth chains – grocery, dairy and agriculture, the city-based NBFC stated in a press release.
“This engagement will enhance our capabilities in empowering micro businesses operating in rural areas,” stated Dvara KGFS MD & CEO L.V.L.N. Murty.
To date, the corporate stated it had “assisted numerous beneficiaries with working capital and business growth loans, improving their livelihood generation capabilities and facilitating their inclusion in the Indian economy.”