NMI invests in Svasti Microfinance in India
Svasti Microfinance Private Limited has raised USD 4.8 million from NMI and some of its existing investors. Svasti currently serves 141,000 customers through its 38 branches. The funds will enable Svasti in expanding its geographical outreach and strengthening its position in the microfinance market, while continuing to innovate and launch customized products to meet the credit demands of its customers. NMI is proud to partner with Svasti and support them in pursuing their vision to “fulfill the right to finance and transforming the lives of women and their families”.
Read more here:
Business Wire India
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