Equitas ECB
Sector: Road • Location: India
Source: International Finance Corporation (IFC)
The proposed project envisages a senior debt investment in Equitas Micro Finance Private Limited (“Equitas Micro Finance” or the “Company”), which is a leading Microfinance Institution (“MFI”) in India.Equitas Micro Finance has a borrower base of 1.3 million across 5 states and 1 union territory including the Low Income States of Rajasthan and Madhya Pradesh with a loan portfolio of US$215 million
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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
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed project envisages a senior debt investment in Equitas Micro Finance Private Limited (“Equitas Micro Finance” or the “Company”), which is a leading Microfinance Institution (“MFI”) in India.Equitas Micro Finance has a borrower base of 1.3 million across 5 states and 1 union territory including the Low Income States of Rajasthan and Madhya Pradesh with a loan portfolio of US$215 million equivalentEquitas Micro Finance is widely acknowledged for following best practices in responsible financing and corporate governance. Equitas Micro Finance also has a strong focus on using technology and process innovation to increase operational efficiency through implementation of a scalable system for IT infrastructure. The proposed investment would manifest IFC’s support for an existing portfolio investee and would be amongst the first few ECB transactions in the microfinance space and is particularly important as a source of long tenor funding. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Procurement method | Obfuscated Data |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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