Posts Tagged ‘Swadhaar’

Swadhaar FinServe raises Rs. 27.5 cr equity for Microfinance Expansion

Microfinance Focus, July 10, 2010: Mumbai based microfinance institution, Swadhaar FinServe Pvt Ltd (Swadhaar) has recently announced an equity infusion of Rs. 27.5 crores from multiple investors. Its existing investors ACCION International, an Indian Family Trust, Unitus Equity Fund (managed by Elevar Equity), Michael & Susan Dell Foundation and the Promoter group also infused additional capital in this latest round of capital raising. MicroVest, a ... Full story

Swadhaar begins microfinance operations in Vadodara

Microfinance Focus, Aug. 18, 2009: Swadhaar FinServe Pvt Ltd (SFPL), a Mumbai-based microfinance institution (MFI), will begin its operations providing microfinance loans to the urban poor in Vadodara, Gujarat on Tuesday. To begin with, the MFI will target the poor living in slums of Fatehgunj and extend its operations to other  semi-urban areas like Dakor, Umreth, Raopura, Gotri and Manjalpur. Swadhaar wants to help the vulnerable ... Full story
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