Dailymirror.news, Mumbai, April 11th, 2025: Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group-promoted NBFC specializing in Consumer and MSME Lending, has announced the official launch of its Shopkeeper Loan Business. This initiative is designed to provide small retailers and kirana store owners with easy access to formal credit, helping them manage evolving business challenges and grow sustainably.

The newly launched offering addresses crucial operational and financial needs such as cash flow management, inventory stocking, and customer operations, ultimately boosting business efficiency for small traders.

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ఇది కూడా చదవండి…డైమ్లర్ ఇండియా కమర్షియల్ వెహికిల్స్‌కి కొత్త నాయకుడు

Sharing his thoughts on the launch, Mr. Arvind Kapil, Managing Director & CEO, Poonawalla Fincorp, said,”India’s small retailers are the backbone of our economy but often face hurdles due to limited credit access. Our Shopkeeper Loan aims to close that gap by offering tailored financial support to help them meet their working capital needs and build long-term resilience. With our customer-first and risk-aware approach, we want to enable these businesses to thrive in today’s fast-evolving retail landscape.”

Recognizing the vital role played by kirana stores and small merchants in local economies-particularly in semi-urban and rural areas-PFL sees significant opportunity in bringing them into the fold of formal credit systems. Traditionally dependent on informal or family-based funding, these businesses can now benefit from structured financial solutions.

In Phase 1, PFL will roll out operations across 44 locations in India, backed by robust institutional systems built for scalability and customer delight. This marks the fourth new business vertical launched by the company as it continues to expand its offerings for the self-employed and MSME sectors.

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Through this focused initiative, Poonawalla Fincorp aims to uplift the small business ecosystem with reliable credit access, simplified lending processes, and enhanced service experiences — all while driving long-term growth and sustainability.

For further information, visit the official website or download the Poonawalla Fincorp App.