News

Microfinance Lender SV Credit Line Raises 4 Million USD from Blue Orchard

North India based microfinance institution (MFI) SV Creditline Ltd (SVCL) has received long term non-convertible debentures of about 4 million USD from Blue Orchard, a leading impact investment manager worldwide, specialized in fostering inclusive finance and sustainable growth.

The sanction is going to be used for expanding the energy efficiency and renewable energy portfolio. This will strengthen the financial position of the company and pave the path for future growth.