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Svasti Microfinance raises USD 5 Million from IIX's Women's Livelihood Bond 5, the World's First Orange Bond issuance

Mumbai (Maharashtra) [India], March 6 (ANI/PRNewswire): Mumbai-based Svasti Microfinance Private Limited (Svasti) has received US$ 5 million through Non-Convertible Debentures from Singapore-based Impact Investment Exchange (IIX)'s Women's Livelihood Bond 5 (WLB5). WLB5 is the fifth issuance under IIX's Women's Livelihood Bond (WLB) Series, which is the world's first gender-lens bond compliant with International Capital Markets Association and listed on a stock exchange. Through five successful bond issuances, the WLB Series has mobilized over US$ 128 million - leading to improved livelihoods and economic resilience for more than 1.3 million women across Asia-Pacific and Africa. The proceeds of this 4-year Non-Convertible Debenture will go toward empowering women through income-generating activities and promoting sustainable livelihoods. IIX recently launched the Orange Bond Initiative, which is the world's first asset class built by and for the Global South and ....

Arunkumar Padmanabhan , Narayanan Subramaniam , Bhagavathi Subramaniam Narayanan , International Capital Markets Association , Svasti Microfinance Private Limited , Impact Investment Exchange , Orange Bond Initiative , Mumbai Based Svasti Microfinance Private Limited , Non Convertible Debentures , Singapore Based Impact Investment Exchange , Livelihood Bond , Non Convertible Debenture , Global South , Svasti Microfinance , First Orange Bond , Subramaniam Narayanan , Orange Bond Pledge , Orange Bond , Great Place , Mumbai Maharashtra India , Arch 6 Ani Prnewswire Mumbai Based Svasti Microfinance Private Limited Has Received Us 5 Million Through Non Convertible Debentures From Singapore Impact Investment Exchange Iix 39s Women Livelihood Bond Wlb5 Is The Fifth Issuance Under Wlb Series , Hich Is The World 39s First Gender Lens Bond Compliant With International Capital Markets Association And Listed Ona Stock Exchange Through Five Successful Issuances , He Wlb Series Has Mobilized Over Us 128 Million Leading To Improved Livelihoods And Economic Resilience For More Than 1 3 Women Across Asia Pacific Africa The Proceeds Of This 4 Year Non Convertible Debenture Will Go Toward Empowering Through Income Generating Activities Promoting Sustainable Iix Recently Launched Orange Bond Initiative , Hich Is The World 39s First Asset Class Built By And For Global South 99 Asa Solution To Financing Gender Equality Initiative Mission Empower 100 Million Women Girls Worldwide Through Unlocking Us 10 Billion 2030 Svasti Proud Bea Part Of This Ground Breaking , Nd This Multi Continent And Sector Portfolio Focused On Financing Women Centric Initiatives Arunkumar Padmanabhan , Co Founder And Ceo ,