Northern Arc raises $50 mn from American development bank to scale up lending to microfinance firms

Economic Times

Non-banking finance company Northern Arc has raised $50 million in debt (about Rs 370 crore) from the US International Development Finance Corporation (DFC) to scale up lending to microfinance firms as well as to financial institutions that serve the agriculture value chain.

Learn more in Economic Times’ article about Accion portfolio company, Northern Arc.

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