According to the bank's website, "The proposed debt funding to Gajam India's holding Gajam Group will be converted into a guarantee to back a working capital facility for Gajam India that will be used to purchase and sell primarily solar energy and energy efficient cookstoves."
Gajam India Pvt Ltd operating under the brand name Dharma Life ("DL") is an India based social impact enterprise targeting the BoP through an entrepreneurship model and by selling products, a.o., solar lamps and induction cooking stoves to rural households. DL has set up a network of 16,000+ rural entrepreneurs (so called "Dharma Life Entrepreneurs"), of which 75% are women, reaching approx. 40,000+ rural villages in 13 states across India.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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