Top Indian Micro-Finance Institution Receives ECB Term Loans from WBC

Jan 03, 2014
Grama Vidiyal Microfinance Ltd., based in Tamil Nadu and advised by Avendus Capital, a leading Indian investment bank, has received both senior and subordinated debt financing from WorldBusiness Capital, Inc. WBC’s India Lending Team, headed by Scott Freiday, Senior Vice President, and assisted by Rohit Choudhary, Vice President, managed the Grama Vidiyal transaction and plan to expand medium and long-term lending for financial institutions and industrial businesses throughout India.
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