Posts Tagged ‘bandhan’

Freedom from Hunger completes $6m Microfinance and Health Protection initiative

Microfinance Focus, Sep 6, 2010: Non-profit organization Freedom from Hunger and five microfinance banks have recently completed a $6 million Microfinance and Health Protection (MAHP) initiative launched in January 2006 with funding from the Bill & Melinda Gates Foundation. The initiative aims to develop and test integrated microfinance and health protection products and services that positively impact clients’ lives while being practical and sustainable for microfinance ... Full story

NBFC-Microfinance Bandhan raises US$ 10.7mn of equity capital from SIDBI

Microfinance Focus, Dec. 23, 2009: Bandhan Financial Services Private Limited (Bandhan), a Kolkata based Microfinance NBFC, today announced equity funding of US$ 10.7mn approx (Rs 50 Crore ) from SIDBI.  Unitus Capital was the sole financial advisor for this transaction. The newly infused equity will provide Bandhan with the impetus needed to consolidate operations in the states in which it is present and to expand to ... Full story

TATA Capital felicitates Bandhan Microfinance

Microfinance Focus, Dec. 10, 2009: TATA Capital Limited has recently felicitated Kolkata-based Bandhan Microfinance, one of India's largest microfinance institutions, said a statement. At its second customer meet called "Connect 2009" held at the Park in Kolkata on Dec. 5, 2009, TATA Capital felicitated Bandhan for its significant contribution to the microfinance space. The relationship between Bandhan and TATA Capital started with TATA  capital disbursing its first ... Full story

Five new members join Sa-Dhan’s governing body

Microfinance Focus, Nov. 2, 2009: Five new members have joined the 15-member board of Sa-Dhan, the nodal agency of Indian microfinance industry. In an extraordinary general body meeting of the Sa-Dhan held on Oct. 25, vacancies caused by either rotation or resignation had been filled, said a statement by Sa-Dhan. The new members are: Mr. Chandrashekhar Ghosh, Bandhan Microfinance, Mr. Suresh Krishna, Grameen Financial Services ... Full story
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