Signing of a Loan Agreement for Support Project for Financial Access Improvement for Micro, Small and Medium Logistics Businesses in Rural Areas (Private Sector Investment Finance) : Contributing to i
India, March 18 -- On December 26, 2024, the Japan International Cooperation Agency (JICA) signed a loan agreement with the Shriram Finance Limited, for Private Sector Investment Finance Project.The loan is co-financed with Asian Development Bank and Export-Import Bank of India.?BorrowerShriram Finance Limited?Country (Target Areas)Republic of India?Loan Amount150 million USD?Project TitleProject for Financial Access Improvement for Micro, Small and Medium Logistics Businesses in Rural Areas?Project PurposeThe project aims to improve access to finance for micro, small and medium enterprises (MSMEs) engaged in agricultural and food transportation business, including those in rural areas of India, by providing long-term loans to Shriram, ther...
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