by Teo Lin-Bianco -

MICROCAPITAL BRIEF: Symbiotics Raises $4.6m via Green Bond for Samunnati Financial for Sustainable Agriculture in India

India’s Samunnati Financial Intermediation & Services, whose customers are farmer-producer organizations and other members of agricultural value chains, recently raised the rupee-equivalent of USD 4.6 million in a bond issue handled by Symbiotics, a Switzerland-based impact investing platform. The bond transaction is the first by Symbiotics that specifically promotes

by Bradley Shulman -

MICROCAPITAL BRIEF: Samunnati Borrows $12m from FMO, Triodos to Boost Agricultural Producer Organizations, SMEs in India

Samunnati, a non-banking financial company in India dedicated to the agricultural sector, recently borrowed EUR 5 million (USD 6.1 million) each from Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), a development bank controlled by the Dutch government, and Triodos Investment Management (Triodos IM), a subsidiary of Netherlands-based Triodos Bank, for on-lending to farmer producer organizations (FPOs) and small and medium-sized enterprises (SMEs) in the agricultural sector. Triodos IM is disbursing the funds from

by Nathan Kiplagat -

MICROCAPITAL BRIEF: Symbiotics Launches $6.7m Bond for Samunnati, Provider of Microfinance, Market Access, Technology to Agricultural Sector in India

Symbiotics, a Switzerland-based investment company, recently launched a bond issue intended to raise INR 500 million (USD 6.75 million) for Samunnati Financial Intermediation & Services Private Limited, a for-profit non-banking financial company in India. The proceeds will flow