Posts Tagged ‘FWWB’

IFC may invest in microfinance funding agency Ananya

Microfinance Focus, Aug 4, 2010: World Bank’s International Finance Corporation (IFC) may invest in India’s Ananya Finance For Inclusive Growth Pvt. Ltd.  Ananya is expected to raise approx. INR 1.50 billion (approximately $ 32.60 m) in equity to strengthen its capital adequacy and onlend larger amount in the new entity. IFC’s proposed investment in Ananya consists of an equity investment of upto INR 500 million ... 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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