CreditAccess Grameen raises $50 million debt from IFC

February 4, 2025

CreditAccess Grameen has secured a $50 million investment from IFC, bolstering confidence in the microfinance sector. This funding enables the NBFC-MFI to support 3-4 million additional women borrowers in agriculture-related activities. The investment aims to increase foreign funding and enhance competitiveness in India’s financial sector, especially focusing on underserved rural areas.

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