Moneyboxx cumulative disbursements reach Rs 440 crore till January

Moneyboxx started operations in February 2019 and it currently has 54 branches spread across six states - Rajasthan, Punjab, Haryana, Madhya Pradesh, Chhattisgarh and Uttar Pradesh

Moneyboxx Finance Limited, a BSE-listed NBFC (non-banking finance company), has reached cumulative disbursements of Rs 440 crore up to January 2023, covering more than 26,000 borrowers across six states, with over 50 per cent of them being women entrepreneurs. 

The company is focusing on financial inclusion by empowering micro entrepreneurs, especially women, by providing income-generating business loans. In Madhya Pradesh, it has served more than 3,000 female borrowers within three years of its operations.

The company said, "Moneyboxx plans to bridge the credit gap to improve their lives. The company is committed to transforming the lives of micro-entrepreneurs in Tier