AuHFL NCD
Sector: Consumer Products • Location: India
Source: International Finance Corporation (IFC)
IFC proposes to invest up to US$20 mn through subscription of Non-Convertible Debentures (“NCDs”) issued by Aavas Financiers Limited (AFL), formerly known as Au Housing Finance Limited (“AuHFL” or the “Company”). The proceeds of proposed IFC’s financing will be utilized by AFL for supporting affordable housing finance for purchase / construction & extension of house to individual under low and med
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | IFC proposes to invest up to US$20 mn through subscription of Non-Convertible Debentures (“NCDs”) issued by Aavas Financiers Limited (AFL), formerly known as Au Housing Finance Limited (“AuHFL” or the “Company”). The proceeds of proposed IFC’s financing will be utilized by AFL for supporting affordable housing finance for purchase / construction & extension of house to individual under low and medium income group in Rajasthan (a low income state) and nearby 5 states. AFL’s customers include dairy farmers, carpenters, garment traders, artisans, etc. Currently, almost 65% of AFL’s customers are self-employed. AFL has been awarded as “Best Housing Finance Company in Affordable Housing Segment” in the National Summit on Affordable Housing in July 2016, organised by Assocham Excellence Award facilitated by the Government of India. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
