Facebook launches Small Business Loans Initiative in India
Facebook India has launched a new programme called the “Small Business Loans Initiative”. the Initiative aims to help small and medium businesses (SMBs) that advertise on Facebook to get quick access to credit through independent lending partners.
- Facebook India has made partnership with online lending platform Indifi.
- it will make business loans more easily accessible to small businesses, and will help in reducing the credit gap within India’s MSME sector.
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