Swedfund invests USD 20 million as a loan to India’s leading microfinance institution CreditAccess Grameen Ltd. The loan will contribute to empowering primarily low-income women across India, largely in rural areas, to participate in the economy. This in turn will spur job creation and local development.
Swedfund invests 10 MUSD through a senior unsecured loan to one of India’s leading providers of microfinance services - Satin Creditcare Network Ltd – with services aimed exclusively at women.
Developing countries' infrastructure for healthcare is deficient and the pressure on healthcare facilities is greatly increasing as the Covid-19 virus spreads. The Swedish development finance institution Swedfund invests in the Indian fund HealthQuad II, targeting early-stage companies in the health sector that creates long-term positive effects for India's growing population.
