CreditAccess Grameen has raised Rs 17 crore through issue of bonds and received approval for allotment of 170 Secured, Rupee Denominated, Non-Convertible Bonds of Rs 10 lakh each to Water Credit Investment Fund 1, LLC, U.S.A. The Stakeholder Relationship Committee approved the same.
CreditAccess Grameen is a leading Indian micro-finance institution headquartered in Bangalore, focused on providing micro-loans to women customers predominantly in Rural Areas in India. Its wide range of lending products addresses the critical needs of its customers throughout their life cycle and includes income generation, family welfare, home improvement and emergency loans.
