Image - 29 March 2022

Flower vendor.jpg

License:: Non-commercial use
The Content may be downloaded, used and shared with others, provided that the Content is unmodified, used as a whole and for a non-commercial purpose.The author or creator shall be attributed to the extent and in the manner required by good practice (this means e.g. that photographers must almost always be attributed).
File format:: .jpg
Size:: 483 x 272, 37.6 KB

Download

Topics

Contacts

Karin Kronhöffer

Press contact Director, Strategy & Communication karin.kronhoffer@swedfund.se +46 72 050 31 91

Axel Hallgren

Press contact Press and Communications Manager axel.hallgren@swedfund.se +46 70 234 49 46

Swedfund supports Indian micro-entrepreneurs

The limited access to credit for micro-entrepreneurs has been further worsened by the pandemic. At the same time, they are the second biggest employers in India and contribute to about 30% of the country’s GDP. Against that background the Swedish development finance institution, Swedfund, invests 20 MUSD in a long-term, senior unsecured loan to Five-Star Business Finance Limited (Five-Star).