PROJECT

Projects

Summary of Proposed Investment

Project Number

29056

Company Name

UTKARSH COREINVEST LIMITED

Date SPI Disclosed

Nov 10, 2009

Country

India

Industry

Financial Markets

Projected Board Date

Dec 22, 2009

Status

Active

Sector

Microfinance and Small Business - Non Commercial Banking

Department

Global Industry, Financial Markets

Environmental Category

FI

Previous Events

Approved : Dec 30, 2009
Signed : Dec 30, 2009
Invested : Mar 10, 2010

Project Description

The project is an equity investment in a microfinance start-up, Shre Pathrakali Finance Company Limited (“the Company”), which has recently started operations in Uttar Pradesh (“UP”).

Sponsor / Cost / Location

Development Impact