Arohan Micro Finance Pvt. Ltd. (BNDES-AROHANMICROFINANCE)

Regions
  • World
Where the impacts of the investment may be experienced.
Specific Location
India
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Brazil National Development Bank (BNDES)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Bank Risk Rating
C
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Apr 11, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Arohan Micro Finance Pvt. Ltd.
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 3.89 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 5.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ BNDES website

Updated in EWS Aug 3, 2019


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Project Description

This project will support the provision of micro loans to low income borrowers in Africa, the Middle East, Asia, Eastern Europe, and Latin America.

Investment Description
  • Brazil National Development Bank (BNDES)
Contact Information
<p style="text-align: left;">Project contact information was not provided at the time of writing.</p>