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Grameen Koota Reaches Milestone with 1 Million Microfinance Customers

Monday, July 27, 2015 3:00PM IST (9:30AM GMT) Bangalore, Karnataka, India Bangalore-based NBFC –MFI, Grameen Koota Financial Services Pvt Ltd (Grameen Koota) has reached a new milestone of 1 million microfinance customers, in a testimony to its strong client-centric approach aimed at providing holistic financial and social services. Grameen Koota, with 3,000 employees working in …
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Creation Strives for Good Returns—and a Better World – MiddleMarketGrowth.org

Creation Strives for Good Returns—and a Better World DEBORAH L. COHEN | JANUARY 14TH, 2015 Small things do add up. Or so it seems for Patrick Fisher and his growing team at Chicago-based Creation Investments Capital Management. The private equity firm aims to marry healthy investor returns with a social impact mission to provide microloans to the …
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TPG Capital to buy Janalakshmi Financial Services Ltd minority stake for Rs 610 crore ($100 million USD)

By Baiju Kalesh & Shilpy Sinha, ET Bureau | 13 Oct, 2014, 04.00AM IST MUMBAI: American private equity fund TPG Capital will purchase a minority stake in microfinance institution Janalakshmi Financial Services Ltd, promoted by former Citigroup Inc banker Ramesh Ramanathan, for Rs 610 crore, two people with direct knowledge of the plan said, signaling …
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World Bank Reports That Microcredit Works After All

The World Bank has released a report that examines microfinance in Bangladesh over the longest period yet studied. The results were quite positive: The results of the basic model unequivocally show that group-based credit programs have significant positive effects in raising household welfare including per capita consumption, household non-land assets and net worth. Microfinance increases …
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Investors Pouring More Into Impact Investments – JPMorgan

MAY 7, 2014 J.P. Morgan survey finds financial returns and impact satisfy most investors Microfinance is the fastest growing sector of social impact investing. Institutional investors expect to commit 19% more capital to impact investments in 2014 than they did last year, according to a recent survey by J.P. Morgan and the Global Impact Investing …
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Commercial Credit and Finance PLC receives Rs. 1.68 billion: the Largest International PE Investment into a Sri Lankan LFC from Creation Investments

FOR IMMEDIATE RELEASE Commercial Credit and Finance PLC receives Rs. 1.68 billion: the Largest International PE Investment into a Sri Lankan LFC from Creation Investments February 26, 2014 Chicago, IL USA – Leading emerging markets private equity investor, Creation Investments Capital Management LLC, through Creation Investments Social Ventures Fund II L.P. (collectively, “Creation”), has agreed to invest Rs. 1.68 billion (US$12.4 million equivalent) into one of Sri Lanka’s …
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Commercial Credit and Finance PLC receives Rs. 1.68 billion from Creation Investments: the Largest International PE Investment into a Sri Lankan LFC

Leading frontier markets private equity investor, Creation Investments Capital Management LLC (“Creation”), through its wholly owned subsidiary, Creation Investments Sri Lanka LLC (“Creation Sri Lanka”), has agreed to invest Rs. 1.68 billion (US$12.4 million equivalent) into one of Sri Lanka’s leading finance companies, Commercial Credit and Finance PLC (“CCF”). The transaction will involve the issuance …
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Impact Investing Helps Advisors Stay Ahead Of The Curve – FA

MARCH 20, 2013 • TIM FREUNDLICH Financial advisors take note: your impact investing offerings will soon define whether you are ahead of the curve or whether you will be trying to catch up in years to come. JP Morgan’s recent Perspectives on Progress report, released in partnership with the Global Impact Investing Network (GIIN), found that …
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Grameen Koota raises $10 million USD (or 532 million INR) in its 3rd round of equity funding lead by Creation Investments

Grameen Koota raises $10 million USD (or 532 million INR) in its 3rd round of equity funding lead by Creation Investments February 27, 2013 – Bangalore, India: Grameen Financial Services Pvt Ltd (GFSPL), popularly know as Grameen Koota today announced its third round of equity funding of $10 million USD (or 532 million INR) lead …
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$9 Billion To Flow Into Impact Investments In 2013

JANUARY 22, 2013 • THOMAS KOSTIGEN According to research from J.P Morgan and The Global Impact Investing Network, $9 billion will be committed to impact investments this year. That would represent a 12.5% boost from the $8 billion that flowed into the space in 2012, the research shows. Impact investments aim to produce a financial return while …