AFI in India – DD Aye Finance

Invest in Visions GmbH disburses a second tranche of EUR 5 mln to Aye Finance Pvt. Ltd and successfully concludes a EUR 15 mln ECB transaction with AYE Finance, facilitated from inception to conclusion entirely by Agents for Impact. Commenting on the transaction, Dr. Andrij Fetsun, CEO of AfI said, “Our team not only assessed the financial performance of AYE Finance but also their alignment to the UN SDGs using our AFISAR© tool. The results were particularly strong for the SDGs pertaining to Gender Equality, Decent Work and Economic Growth and Peace, Justice & Strong Institutions, all relevant for an institution financing micro and small businesses. Building on these strong results, we look forward to kick-starting our three-year SDG partnership with Aye Finance.” AfI continues to be very determined to support Indian NBFCs and MFIs. Our Debt Investment Agent, Andrii Tiurenkov mentioned that, “Over the past year, AfI has arranged a total ECB package of around EUR 70 mln for Indian NBFIs, and I am confident that this package will bring lasting value to the development of the financial inclusion sector in India.”

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