‘India’s Impact Enterprises Face Issues Accessing Debt’
India’s impact enterprises, companies which strive for social benefit and profit are facing lack of access to debt, said Impact Investors Council (IIC) in a report.
While the Indian impact investing landscape is evolving at a much faster rate owing to India becoming a key market considering its size, access to technology and a huge base of consumers demanding low cost solutions they do not have the right access to capital, especially debt.
The report analysed the balance sheets of 422 leading impact enterprises to gauge their creditworthiness and estimate the gap between their current debt and their potential to absorb more. The analysis showed that 60% of the enterprises were creditworthy.
Photo courtesy of World Bank Photo Collection.
