Posts Tagged ‘Equitas Micro Finance India Pvt. Ltd.’

IFMR Capital Structures $24m Securitisation for Equitas Microfinance

Microfinance Focus, Oct 5, 2010: Chennai based IFMR Capital has recently structured, arranged and co-invested in a Rs. 1,063.8 million (USD 24 million) securitisation, backed by 105, 422 micro credit loans originated by Chennai based microfinance institution, Equitas Micro Finance India Private Limited. Gamma Pioneer IFMR Capital 2010, the Special Purpose Vehicle created for the transaction, has issued three tranches of securities rated by Crisil, India’s ... Full story

CRISIL reaffirms ‘BBB/Stable’ ratings of Equitas Micro Finance

Microfinance Focus, July 18, 2010: CRISIL’s rating on Chennai based NBFC, Equitas Micro Finance India Pvt. Ltd’s (Equitas’s) debt instruments and bank facilities continue to reflect Equitas’ adequate capitalisation and the benefits it derives from its experienced board and senior management. These strengths are partially offset by the company’s unseasoned asset profile, and its exposure to risks inherent in the microfinance industry, said a release. Equitas’s ... Full story

FICCI’s conference to focus on HR issues to scale up MFIs

Microfinance Focus, Jan. 13, 2010: Federation of Indian Chambers of Commerce and Industry (FICCI) is organizing a Conference on "Scaling the MFI Activity by Strengthening Human Resource" on Jan. 21-22, 2010, in New Delhi to address the human resources (HR) challenges faced by rapidly growing Microfinance Sector. "The need to develop sound and viable human resource management to deal with microfinance growth is an on-going process. ... Full story
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