bengaluru kinara capital is allocating an additional rs 400 crore in the 202324 financial year for discounted business loans to women entrepreneurs through its hervikas programme the latest allocation brings the total commitment to rs 700 crore to drive financial inclusion of women entrepreneurs from the microsmallmedium enterprise msme sectorhardika shah founder ceo of kinara capital said with approximately rs 100 crore disbursed each year we are now doubling down and pledging rs 400 crore disbursement in fy24 solely for msme women entrepreneurs this will lead to 10000 hervikas discounted business loans by next year kinara capital said that since the programme was initiated in the 2020 financial year the impact of the hervikas business loans has led to over rs 125 crore in incremental income generation for the women entrepreneurs and over 32680 jobs supported in local economies about 70 of the jobs created are from msme subsectors of food products textiles and fashionclothing