What is Centrum Microcredit?
Centrum Microcredit Limited operates as a regulated Non-Banking Financial Company (NBFC) – Microfinance Institution (MFI). The company is dedicated to providing essential micro credit and related financial services to women in urban, semi-urban, and rural areas who are typically un-served or under-served by traditional financial institutions. Its core objective is to foster positive social and economic transformation within low-income households, demonstrating a commitment to impact-driven financial inclusion.
How much funding has Centrum Microcredit raised?
Centrum Microcredit has raised a total of $5.5M across 1 funding round:
Debt
$5.5M
Debt (2020): $5.6M with participation from Impact Investment Exchange Pte Ltd
Key Investors in Centrum Microcredit
Impact Investment Exchange Pte Ltd
Impact Investment Exchange Pte Ltd is an organization focused on facilitating impact investments, suggesting a strategic alignment with Centrum Microcredit's social and economic mission.
What's next for Centrum Microcredit?
The recent major strategic investment signals a new phase of growth and expansion for Centrum Microcredit. This capital infusion is expected to bolster its capacity to reach more beneficiaries, enhance its service offerings, and potentially explore innovative financial products tailored to the needs of its target demographic. The company's focus on social and economic impact, combined with this strategic backing, positions it for sustained development and increased influence in the microfinance landscape.
See full Centrum Microcredit company page
