by Teo Lin-Bianco -

MICROCAPITAL BRIEF: Symbiotics Raises $4.6m via Green Bond for Samunnati Financial for Sustainable Agriculture in India

India’s Samunnati Financial Intermediation & Services, whose customers are farmer-producer organizations and other members of agricultural value chains, recently raised the rupee-equivalent of USD 4.6 million in a bond issue handled by Symbiotics, a Switzerland-based impact investing platform. The bond transaction is the first by Symbiotics that specifically promotes

by Bradley Shulman -

MICROCAPITAL BRIEF: Samunnati Borrows $12m from FMO, Triodos to Boost Agricultural Producer Organizations, SMEs in India

Samunnati, a non-banking financial company in India dedicated to the agricultural sector, recently borrowed EUR 5 million (USD 6.1 million) each from Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), a development bank controlled by the Dutch government, and Triodos Investment Management (Triodos IM), a subsidiary of Netherlands-based Triodos Bank, for on-lending to farmer producer organizations (FPOs) and small and medium-sized enterprises (SMEs) in the agricultural sector. Triodos IM is disbursing the funds from

by Nathan Kiplagat -

MICROCAPITAL BRIEF: Symbiotics Launches $6.7m Bond for Samunnati, Provider of Microfinance, Market Access, Technology to Agricultural Sector in India

Symbiotics, a Switzerland-based investment company, recently launched a bond issue intended to raise INR 500 million (USD 6.75 million) for Samunnati Financial Intermediation & Services Private Limited, a for-profit non-banking financial company in India. The proceeds will flow

by the MicroCapital Team -

MICROCAPITAL BRIEF: responsAbility Agriculture I Fund Takes Equity Stake in Indian Value-chain Lender Samunnati

Switzerland-based responsAbility Investments recently disbursed the first investment from its private equity fund responsAbility Agriculture I, acquiring a “significant” minority stake in Samunnati, a non-banking financial company in India that provides loans and advisory services to players in agricultural value chains. Although the price and size of the stake remain confidential, responsAbility Agriculture I generally places investments of

by Adhya Singh -

MICROCAPITAL BRIEF: ACBA, Symbiotics Partnering on $6.7m Bond Issue for MSMEs, Green Lending in Armenia

The Agricultural Cooperative Bank of Armenia (ACBA), a commercial and investment bank, and Symbiotics, a Switzerland-based impact investing firm, recently partnered to raise USD 6.75 million for onlending in Armenia. Symbiotics will list a sustainability bond on the

by Zach Deluca -

MICROCAPITAL BRIEF: Triodos Emerging Markets Renewable Energy Fund Debuts with $29m in Commitments

Triodos Investment Management, an impact investing unit of the Netherlands’ Triodos Bank, has announced the launch of the Triodos Emerging Markets Renewable Energy Fund. The fund will deploy senior debt in low- and middle-income countries to support:

by Eha Joshi -

MICROCAPITAL BRIEF: Symbiotics Introduces $10m Bond to Fund Affordable Housing in Colombia via Hipotecaria Compañía de Financiamiento

Symbiotics, a Switzerland-based impact investing platform, recently agreed to issue a 4.5-year, senior, unsecured loan of COP 35.8 billion (USD 10.5 million) to La Hipotecaria Compañía de Financiamiento (HCF), a Panama-based mortgage lender, from the proceeds of a social bond Symbiotics is launching for this purpose. The goal is to increase access to