The project aims to invest in Arohan Financial Services Private Limited which is a registered non-banking finance company microfinance institution in India. IFC’s proposed investment will help Arohan to diversify its sources of funding and to expand the outreach of access to microfinance to borrowers who have little or no access to formal sources of financing.
The project will have the following two components:
1. Access to Microfinance: This will support the company in expanding the outreach of access to microfinance to borrowers, especially low-income households, who have little or no access to formal sources of financing.
2. Balanced growth of Microfinance: This investment will promote a more balanced growth of microfinance in India.
Arohan Financial Services Private Limited is a Reserve Bank of India (RBI) registered non-banking finance company microfinance institution (NBFC-MFI).
For inquiries about the project
Arohan Financial Services (P) Ltd.
Mr. Milind Nare
Chief Financial Officier
DP-9, Sector V, Salt LakeKolkata 700 09. West Bengal. India
For inquiries and comments about IFC
General IFC Inquiries
2121 Pennsylvania Avenue, NW
Washington DC 20433
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