Monday
December 9
2024

CreditAccess Grameen Raises 25 Million Euros From German Investment Corporation DEG

By Shreya Sur

CreditAccess Grameen Ltd. has raised 25 million euros from German Investment Corporation, DEG and Rs 170 crore from Citi via co-financing facility. Citi acted as the lead arranger and coordinator in the agreement, the microfinance institution announced on Friday.

Photo courtesy of John Isaac / World Bank.

Source: NDTV | Profit (link opens in a new window)

Categories
Finance
Tags
blended finance, financial inclusion, global development, microfinance, poverty alleviation, women entrepreneurs