Kinara Capital Launches MyKinara Mobile App for Unsecured MSME Loans
Kinara capital recently launched MyKinara mobile application which comes with a simple 3 step process and is a first of its kind in the unsecured MSME business lending space.
The myKinara app, now available on the Google Play Store, enables small business entrepreneurs to securely apply for and receive unsecured business loans in digital form within 24 hours (TAT).
The myKinara app is available in multiple languages, including English, Tamil, Hindi, Telugu, Kannada, Marathi, and Gujarati. Women-owned MSMEs are automatically discounted through the company’s HerVikas program, without requiring a separate application.
“With the proliferation of smartphones, MSMEs are ready and willing to participate in digital India, but the solutions for them are limited. Our vernacular myKinara app extends our commitment to financial inclusion by enabling small businesses to create a self-directed loan application path. Prompt decision making, processing and disbursements within 24 hours go a long way in meeting the demands of our clients, thus supporting the growth of their business, ”said Hardika Shah, Founder and CEO, Kinara Capital.
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Small business entrepreneurs can verify their eligibility in less than a minute without any document downloads during the first step.
With the myKinara app, small business entrepreneurs can choose to complete the process at their own pace with help always just a click away. They can contact Kinara’s multilingual customer call center directly from the app or request in-home customer service if they need in-person assistance. Kinara’s extensive network of 110 branches will continue to support local MSMEs and follow the same digital process as available on the myKinara app.