Micro Finance disburses 985 micro-entrepreneurship loans in Q1

In the last quarter, Lifeline has witnessed an incredible performance, empowering numerous women through our interest-free microfinance program. We disbursed an impressive total of 985 loans, amounting to a remarkable ₹78.3 lakhs. These loans have been instrumental in enabling micro-entrepreneurs to establish and expand their businesses, providing them with the crucial financial support they need to thrive.

Furthermore, our efforts have not gone unnoticed. The loan collection during this period exceeded expectations, reaching a staggering ₹8l.8 lakhs. This milestone achievement is a testament to the effectiveness of our interest-free approach, as it allows borrowers to repay their loans without the added burden of interest. By facilitating the growth and success of these women-led enterprises, we are fostering economic empowerment and creating a positive ripple effect within their communities.