PROJECT

Projects

Summary of Investment Information

Project Number

49120

Company Name

CREDITACCESS GRAMEEN LIMITED

Date SPI Disclosed

Apr 24, 2025

Country

India

Region

South Asia

Projected Board Date

Dec 24, 2024

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Apr 28, 2025

Department

Regional Industry - FIG Asia & Pac

Industry

Financial Markets

Previous Events

Approved : Dec 24, 2024
Signed : Dec 27, 2024
Invested : Jan 21, 2025

Sector

Microfinance and Small Business - Non Commercial Banking

Project Description

 The proposed project envisages a senior debt investment in CreditAccess Grameen Limited (“CAGL” or the “Company”) of up to USD100 million with a tenor of up to 5 years. The proceeds of the IFC loan will be utilized towards expanding the Company’s portfolio to women microentrepreneurs for income generation purposes in India.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation