by Teo Lin-Bianco -

MICROCAPITAL BRIEF: WorldBusiness Capital Loans $15m to Asirvad Micro Finance to Support Rural Women Entrepreneurs in India, with Backing from DFC

Asirvad Micro Finance Limited, a microlender in India, recently accepted a loan of USD 15 million from WorldBusiness Capital, a US-based finance company. The seven-year loan, which is guaranteed by the government-backed

by Kate Finster -

MICROCAPITAL BRIEF: Invest In Visions Mikrofinanzfonds Lends $36m to Indian MFIs Asirvad Microfinance, Sonata Finance

Invest In Visions Mikrofinanzfonds, a fund managed by Germany-based Invest In Visions (IIV), recently made loans totaling EUR 30 million (USD 35.6 million) to two Indian microfinance institutions, Asirvad Microfinance and Sonata Finance. Asirvad received EUR 25 million (USD 29.6 million) and Sonata received EUR 5 million (USD 5.9 million). Both microfinance institutions serve low-income female customers in India,