Posts Tagged ‘Chhattisgarh’

ACCION invests $500,000 for 49.5% stake in Saija microfinance

Microfinance Focus, Nov. 13, 2009: ACCION International, a pioneer in global microfinance, has announced that it had invested $500,000 for a 49.5 percent equity stake in Saija Finance Private Limited, a microfinance start-up that provides financial services to micro entrepreneurs and low- and middle-income families in Bihar, one of India's most underserved regions. The investment was made through ACCION's equity investment arm, the ACCION Gateway Fund, ... Full story

UNDP to conduct assessment study of financial literacy in India

Microfinance Focus, Aug. 28, 2009: United Nations Development Programme (UNDP) is planning to conduct an assessment study of fnancial literacy in seven states of India - Rajasthan, Madhya Pradesh, Uttar Pradesh, Chhattisgarh, Jharkhand, Bihar and Orissa. The study will focus on understanding components of financial literacy, compilation and analytical overview of available packages and highlight the best practices in the delivery of tools and packages and ... Full story
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