Bandhan
Sector: Commercial • Location: India
Source: International Finance Corporation (IFC)
IFC proposes to invest in Bandhan Financial Services Limited (“Bandhan” or the “Company”), the fourth largest microfinance institution (“MFI”) in India. Bandhan operates in 18 Indian states in the northern and eastern parts of the country, including some of the poorest states, where population density is high and microfinance penetration is low. The Company focuses primarily on providing microloan
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
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 in Bandhan Financial Services Limited (“Bandhan” or the “Company”), the fourth largest microfinance institution (“MFI”) in India. Bandhan operates in 18 Indian states in the northern and eastern parts of the country, including some of the poorest states, where population density is high and microfinance penetration is low. The Company focuses primarily on providing microloans to women micro-entrepreneurs in rural and urban areas. Bandhan today has about 3.0 million borrowers and a loan portfolio of about US$520 million equivalent. The proposed project intends to help Bandhan increase its outreach in the states where it operates as well as expand its operations in other states, where access to finance is most scarce; diversify its product base; and establish international best practice in its operations and governance. |
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 |