- The Story
In another impactful week for Team AFI, we successfully facilitated and concluded loan transaction of EUR 15 mn from Invest in Visions GmbH to Svatantra Microfin Pvt. Ltd, of which EUR 10 mn was disbursed this past week and the remainder to be disbursed in January, 2021.
Dr. Andrij Fetsun (CEO of AFI) said:
" This investment by IIV will surely help bring financial independence and empowerment to millions of women entrepreneurs across rural India. We are happy to enable this transaction and help achieve the UN SDG Goal on Gender Equality and Empowerment."
Svatantra Microfin Pvt. Ltd said:
“ Guided by the vision of our founder, Ms. Ananya Birla, to encourage entrepreneurship where traditional banking systems cannot penetrate, Svatantra continues its journey by providing holistic financial and non-financial offerings, with micro-credit being the main focus, to over a million women in rural areas across 17 states in India. We are pleased for Svatantra’s association with Agents for impact to further our mission of financial inclusion and women empowerment through encouragement of entrepreneurship at the grass-root level.”
