MICROCAPITAL BRIEF: Arohan of India Raises $11m in Equity from FMO to Expand Microfinance, Including via Technology

Arohan Financial Services, an India-based microfinance institution (MFI) offering credit and insurance services to groups, individuals and other MFIs, recently accepted an equity investment in local-currency equivalent to USD 11 million from the Dutch development bank Financierings-Maatschappij voor Ontwikkelingslanden (FMO). Arohan plans to use the fresh capital

MICROFINANCE EVENT: Sankalp Global Summit; December 11-12, 2018; Mumbai, India

Themed “Agenda 3 Billion – Building Entrepreneurial Ecosystems,” the 10th Sankalp Global Summit is organized around the following sectors: agriculture, clean energy, health & sanitation, financial inclusion, and livelihoods. Sample presentation titles include: (1) Financial Inclusion in the Digital Age,