Tag: Yogesh Udhoji

Asirvad Microfinance raises $15 million loan from WorldBusiness Capital

Asirvad Microfinance Ltd., India’s 4th largest NBFC MFI and a subsidiary of Manappuram Finance Ltd., has announced the closing of a US$ 15 million (Rs.111.15 crore), 7-year commercial loan from WorldBusiness Capital, Inc. based in Hartford, Connecticut (USA).  WBC’s loan is supported by the United States International Development Finance Corporation (DFC), the U.S. Government’s developing…