📋 Tender Overview
Project Number
49120
Company Name
CREDITACCESS GRAMEEN LIMITED
Date SPI Disclosed
Apr 24, 2025
Country
India
Region
South Asia
Projected Board Date
Dec 24, 2024
Environmental Category
FI-3
Status
Active
Last Updated Date
Department
Regional Industry - FIG Asia & Pac
Industry
Financial Institutions
Previous Events
Approved : Dec 24, 2024
Signed: Dec 27, 2024
Invested: Jan 21, 2025
Sector
Microfinance and Small Business - Non Commercial Banking
Project Description
The proposed project envisages a senior debt investment in CreditAccess Grameen Limited ( CAGL or the Company ) of up to USD100 million with a tenor of up to 5 years. The proceeds of the IFC loan will be utilized towards expanding the Company’s portfolio to women microentrepreneurs for income generation purposes in India.
