IFMR CAPITAL FINANCE PRIVATE
Status: Completed investmentWhy disclosure?
FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more
In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
IFMR Capital (2008) is an early growth non-banking financial company (NBFC) based in Chennia, India, whose mission is to provide efficient and reliable access to debt capital for financial institutions ("originators") that impact low-income households and small businesses. IFMR Capital develops deep expertise in a specific sector and then acts as a bridge between the originators (for example, Tier 2 and 3 microfinance institutions or rural-based NBFCs) on one side and institutional debt investors (for example, banks, insurance companies and pension funds) on the other side.
What is our funding objective?
FMO's existing and proposed facilities are IFMR's only long-term loans. This is particularly valuable now that the company is expanding into new assets with higher tenors, such as affordable housing.
Why do we fund this investment?
FMO invests in this project in order to support IFMR's ambitious efforts to increase access to finance for small NBFCs in India, through the increase in the balance sheet size. It is in line with FMO's strategy to serve micro-, small- and medium-sized enterprises in India while supporting capital market products.
More investments
| Date | Total FMO financing |
|---|---|
| 9/19/2022 | INR 3950.00 MLN |
| 3/16/2021 | INR 1800.00 MLN |
| 12/17/2018 | INR 1000.00 MLN |
| 9/19/2022 | INR 1000.00 MLN |
| 4/19/2024 | USD 75.00 MLN |
- Website customer/investment
- http://www.ifmrtrust.co.in/ventures/ifmrcapital.php
- Region
- Asia
- Country
- India
- Sector
- Financial Institutions
- Effective date
- 9/28/2013
- End date
- 8/11/2017
- Total FMO financing
- INR 570.00 MLN
- Funding
- FMO NV
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B