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As stated on the project disclosure page, IFC is considering an equity investment into Social Worth Technologies Private Limited, a digital consumer lender that leverages technology to provide unsecured personal loans and Buy Now Pay Later (BNPL) options for specific purposes like education, healthcare, insurance and rooftop solar installations in India.
As stated by the IFC, shares of the Company are held by the Company’s Founders, TPG (a USA-based asset manager), TR Capital (a Hong Kong-based asset manager), Eight Roads (a UK-based asset manager), Norwest Capital (a USA-based asset manager), Chiratae (an India-based asset manager), Piramal Capital & Housing Finance (an India-based conglomerate), and several other institutional and individual seed investors.
General IFC Inquiries - IFC Communications:
Address: 2121 Pennsylvania Avenue, NW, Washington DC 20433
Telephone: +1 202-473-3800
Fax: +1 202-974-4384
Financial Intermediary - Social Worth Technologies Private Limited:
Mr. Akshay Mehrotra - Chief Executive Officer
Phone: +91 9867822900
Email: akshay@fibe.in
Address: 404, The Chambers, Near Ganapati Mandir Chowk, Viman Nagar, Pune, Maharashtra – 411014
Website: www.fibe.in
ACCESS TO INFORMATION
You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries
If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.
ACCOUNTABILITY MECHANISM OF IFC/MIGA
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org