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Microfinance Growing in Attraction to Private-Equity – WSJ.com

Microfinance Growing in Attraction to Private-Equity By Isabella Steger, November 18, 2012, 9:38 PM Bloomberg News A Hindusthan Microfinance Pvt. Ltd. employee checks loan application forms at the company’s office in Mumbai, India, on Saturday, June 12, 2010. Amid all the negative news surrounding the private-equity industry, one sector that caters to the poor is drawing …
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Sequoia Capital bets on another microfinance player

Bangalore Feb 02, 2012 After backing SKS Microfinance, Sequoia Capital is now betting on another microfinance player, Bangalore-based urban poor-focused Ujjivan Financial Services, a member of the Grameen Network, Bangladesh. Sequoia Capital on Wednesday said it had participated in the fifth round of equity financing by Ujjivan, and was now the single-largest shareholder, with a …