This initiative has disbursed ₹10,000 crore in loans to women
Progcap's ProgShakti initiative is shaking up business funding for women.
As of March 2026 (till date), they've handed out over ₹10,000 crore in collateral-free loans to women-led MSMEs (no male co-applicant or property required).
Loans of up to ₹10 lakh.
Women borrowers growing at 40% year-on-year
ProgShakti is helping close the credit gap: women face a 35% shortfall in business funding and about 19% versus 8% for men in loan rejection rates.
Most borrowers are from Tier-two and Tier-three cities like Lucknow and Jaipur, showing real reach beyond big metros.
With women borrowers growing at 40% year-on-year and a 90% return rate for repeat loans, it's clear this support is making a difference.
As co-founder Pallavi Shrivastava puts it, ProgShakti isn't just about money: it's about giving women the tools and confidence to build their own success stories.