According to the bank's documents, "...Grameen Impact India (“GII”), a Mumbai-based Non-Banking Finance Company, is providing loans to social enterprises in India that operate in the following sectors: financial services, affordable healthcare, affordable education, agriculture and clean energy. GII primarily makes senior loans between $500,000 and $1 million to these mature and growth stage companies that have a proven social mission and are focused on improving the quality of life for low-income populations across India.
Theproposed $5 millionloan from OPIC to GIIwill enable it to leverage its existing equity base and attract other potential domestic and international investors,therebyincreasing its lending operations."
The project's sponsor is Grameen Foundation USA
No contact information provided at time of disclosure.