The Crédit Agricole Grameen Foundation and Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) are teaming up to aid and fund Indian microfinance institutions supporting the business plans of populations excluded from the traditional banking system. Through this partnership, Crédit Agricole Group is putting its expertise to work for inclusive finance in India, and has earmarked funding of €12 million to that end.
For the past 10 years, the Grameen Crédit Agricole Foundation has been committed in promoting inclusive finance and social impact entrepreneurship. With more than € 200 million in fu [...]
Credit facility will help drive financial inclusion by expanding access to working capital loans
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