Debt financing

MFI CreditAccess Grameen secures $100-M

Business Line  

CreditAccess Grameen Ltd, a Bengaluru-based non-banking financial company and micro finance institution (NBFC-MFI), has secured USD 100 million - denominated in JPY and USD - from banks in South Asia and the Far East.CreditAccess Grameen provides micro-loans to women customers in rural areas across 423 districts in 16 states.

Between Apr 2008 and Feb 2025, CreditAccess Grameen had raised about USD 489 M from IFC, DEG, DFC, WaterEquity, CreditAccess Asia, Bellwether, Creation Investments and others.For FY24, CreditAccess Grameen had reported about INR 5,167 Cr in Operating Income and about INR 1,446 Cr in PAT.

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