Microfinance lender SV Creditline raises $3 million debt from Capital First

Date posted: Monday 19 June 2017

Gurgaon-based micro finance institution (MFI) SV Creditline Ltd (SVCL) has raised Rs.20 crores ($3.1 million) in debt from Capital First. The capital will help the company meet its goal of reaching 1 million customers by the end of this year. SVCL claims to help its users in their income generation activities through financial intermediation.

(DealStreet Asia)