SAVE Microfinance, part of the SAVE Group, has raised $3 million through non-convertible debentures (NCDs) from Impact Investment Exchange’s (IIX) Women’s Livelihood Bond 7 (WLB7).
The proceeds will be deployed to expand outreach to underserved communities, with a focus on low-income women entrepreneurs, by enhancing access to affordable credit and livelihood opportunities.
The company also plans to strengthen its balance sheet, diversify funding sources, and scale responsibly while prioritizing responsible lending, financial literacy, and inclusive growth.
SAVE Microfinance, a part of SAVE Group, provides microcredit solutions in rural India, particularly for women-led businesses.
On the other side, IIX claims to have mobilized over $500 million in private capital, impacting 160+ million lives across 60 countries through gender-focused and climate-aligned investments.
By: Arushi Agarwal
