MUMBAI, INDIA, January 22, 2015 – WorldBusiness Capital, Inc.’s India Lending Team announced the closing of senior and subordinated loans totaling $10 million to Satin Creditcare Pvt. Ltd., a growing micro-finance institution headquartered in Delhi, India.  Satin, whose shareholders include the U.S. investment firms MicroVest Capital and ShoreCap International, was advised in the transaction by IFMR Capital, a leading investment bank in India focused on the financial sector.  WBC’s External Commercial Borrowing (ECB)-structured loans help Satin diversify funding sources and increase capacity to offer financing to India’s underserved populations.

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