New Delhi, Sept. 1 -- SAVE Microfinance Private Limited has successfully raised USD 3 million through Non-Convertible Debentures (NCDs) from Impact Investment Exchange's (IIX) flagship Women's Livelihood Bond 7 (WLB7).
The WLB7 is a part of IIX's award-winning Women's Livelihood Bond Series focused on empowering women and girls in emerging markets by mobilising capital for impact.
Ajeet Kumar Singh, co-founder and CEO, SAVE group, said, "This finding from Impact Investment Exchange's WLB7 is a strong validation of our commitment to promoting financial inclusion and women's empowerment. This capital will enable us to expand our outreach and provide sustainable livelihood opportunities to more women entrepreneurs across India."This investme...