by Adhya Singh -

MICROCAPITAL BRIEF: Northern Arc Capital to Provide Research, Modeling, Reporting Services to Nasira, FMO Program that Guarantees MSME Lending to Youth, Women, Migrants

Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), a Dutch public-private partnership, recently finalized an agreement with Northern Arc Capital, an Indian financial firm, to support Nasira, a risk-sharing program through which FMO encourages retail financial institutions to lend to entrepreneurs in Africa and parts of Asia. In particular, Nasira guarantees lending to micro-, small and medium-sized enterprises whose owners fall into one or more of the following

by Zach Deluca -

MICROCAPITAL BRIEF: Creation Investments Leads $30m Debt, Equity Funding Round for ReshaMandi, B2B App for Silk Farms, Manufacturers, Retailers in India

ReshaMandi, business-to-business (B2B) marketplace app serving 35,000 farms, manufacturing businesses and retailers active in the silk industry, recently raised USD 30 million in debt and equity. Creation Investments, a US-based alternative investment manager,

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