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Powering the entrepreneurs who power the economy

19 Feb, 2020
Powering the entrepreneurs who power the economy

Capri Global Opens Doors for MSME Loan Seekers in 2019

The Indian business landscape boasts numerous success stories of entrepreneurs and MSMEs. These are shining examples of passion, courage, and business acumen, shaping the future of India. In many ways, they are powering the growth engine of this economy.

In keeping with our commitment to opening doors for MSMEs, Capri Global provides these game-changers with the financial assistance they need to expand their businesses. For us, it is more than just providing loans. We are proud to be part of a movement that empowers visionaries, complementing MSMEs in their contribution to the government’s "Make in India" mission.

Here’s How We Levelled the Playing Field for MSMEs Seeking Loans:

Unlocking New Opportunities
According to data compiled by CIBIL’s MSME Pulse Report, only 16% of MSMEs were financed by the formal banking system. The funding gap for the Indian MSME sector currently stands at a staggering ₹16.66 lakh crore, and Capri Global is committed to bridging this divide. We see our mission as one of creating new possibilities for our customers through the loans we provide.

To bring MSME entrepreneurs closer to their goals, Capri provides credit based on a deep understanding of each business, both locally and socially. By enabling easy and transparent funding to start-ups, Capri MSME loans have opened doors to numerous new opportunities.

Making It Easy for Those Who Know Their True Calling
Our services span across eight states, with 1,800 professionals dedicated to simplifying the process and helping MSMEs scale new heights. Our eligibility criteria are designed to support first-time entrepreneurs, offering them easy access to MSME loans. Our robust, fast-paced loan process has helped about 61% of our benefactors—first-generation entrepreneurs who were previously unable to access credit due to a lack of security. Nearly 53% of them began their careers with our loans.

Currently, we have an active borrower base of over 15,000 businesses, with an average ticket size of ₹15 lakhs. These businesses span various sectors, including trade, restaurants, small manufacturing units, and private schools.

Enabling Women Entrepreneurs to Make Their Mark
We understand the pulse of the market and recognize the unique needs of women entrepreneurs. Often, due to the industries they specialize in, women entrepreneurs require additional credit and support. However, getting timely funds from MSME finance companies can be especially challenging for them.

Capri Global ensures customized service through various features in its lending model, providing the flexibility and support that women entrepreneurs in India need. Thanks to the efforts of our employees on the ground, 15% of the businesses supported by Capri Global are now led by women.

A Vision for Change
Capri believes in fostering and nurturing the entrepreneurial spirit. By providing loans and facilitating the process for Indian entrepreneurs, we aim to help them achieve their goals. This is an expression of our belief—that profit and purpose can be achieved together to drive positive change for humanity.