Tuesday
July 20
2021

Light Microfinance Secures $10 Million from Three European Impact Investors

Micro lender Light Microfinance Monday said it has secured $10 million (₹72.86 crore) in series A funding from European impact investors Incofin (Belgian), Nordic Microfinance Initiative (Norwegian) and Triple Jump BV (Dutch).

The three funds follow an investment strategy aimed at creating social or environmental impacts in addition to financial gains, a release said.

Photo courtesy of USAID Digital Development.

Source: The Hindu BusinessLine (link opens in a new window)

Categories
Investing
Tags
environmental impact, ESG investing, governance, impact investing, mobile applications, social impact