by Bradley Shulman -

MICROCAPITAL BRIEF: Fusion Microfinance Raises $12m in Debt from Bank im Bistum Essen (BIB) to Increase Financial Inclusion for Women in India

Fusion Microfinance, a microfinance institution in India, recently borrowed EUR 10 million (USD 12.2 million) from Bank im Bistum Essen (BIB), a cooperative bank based in Germany. The loan proceeds are intended for Fusion Microfinance to

by Sophie Fiala -

MICROCAPITAL BRIEF: Northern Arc Borrows $25m from FMO to Fund Institutions Serving Women, MSMEs in India

Northern Arc Capital Limited, a non-banking financial company (NBFC) in India, recently received USD 25 million in debt financing from the Dutch development bank Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO). The funding will enable Northern Arc to boost its support of institutions that serve micro-, small and medium-sized enterprises (MSMEs), particularly those