Proparco bets on microlender Pahal Financial

By Ajay Ramanathan

  • 03 Apr 2025
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Credit: 123RF.com

Proparco, the private-sector financing subsidiary of France’s public financial institution Agence Française de Développement (AFD), has injected capital into an Ahmedabad-based microfinance company.  The funding comes at a time when the broader microfinance industry in India is facing challenges due to asset quality stress and rising delinquencies across various loan sizes.  Pahal ......

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