MICROCAPITAL BRIEF: Kinara Capital of India Raises $10m from IndusInd Bank for Assisting Small Businesses, with Guarantee from DFC

India’s Kinara Capital recently accepted a five-year loan of USD 10 million from Induslnd Bank, a unit of India’s Hinduja Group, to increase the financial inclusion of small businesses active in manufacturing, trading and services. The loan carries a full guarantee from the US government’s International Development Finance Corporation (DFC). Kinara offers loans primarily for