This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
- South Asia
For funds, the countries listed here are those the fund has invested in so far.
We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people. For funds, the sectors listed here are those the fund has invested in so far.
- Financial services
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Intermediated investment
- Fund manager:
- Lok Capital
- Start date
For direct investments, this is the date CDC committed capital to the business or project.
For funds, this is the date that CDC committed capital to the fund.
For underlying fund investments, this is the date that the fund invested capital into the business.e
- May 2006
For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).
For funds, this is the total amount that CDC has committed to the fund.
This is the investee company’s place of incorporation; or a fund’s jurisdiction.
Investments made by this fund
|Investment name||Country||Region||Sector||Start date||Status|
| Janalakshmi Financial Services Ltd|
Janalakshmi Financial Services, now Jana Small Finance Bank, started its operations in 2006 as an Indian micro finance institution (MFI) to provide finance for the country's low-income and underbanked population. In 2017, the MFI was granted a Small Finance Bank licence, and the rebranded firm began banking operations in March 2018. The Bengaluru-headquartered bank currently has 15,000 direct employees. It plans to convert most of its existing MFI branches into full-fledged bank branches across 18 states by the end of 2019. This includes 25 per cent of rural branches to serve the unbanked.
|India||South Asia||Financial services||March 2007||Active|
| Spandana Sphoorty Innovative Financial Services|
Spandana Sphoorty is a microfinance institution providing micro-credit and credit-plus services to low-income households and individuals in India.
|India||South Asia||Financial services||August 2007||Active|
| Satin Creditcare Network Limited|
Satin Creditcare is a leading microfinance institution in Northern India. It provides loans to the urban and rural poor to meet their productive requirements in starting new businesses or growing existing ones.
|India||South Asia||Financial services||March 2008||Active|
| Arohan Financial Services Ltd|
Arohan is a microfinance institution providing group and individual credit products to the population in the Eastern part of India – West Bengal, Assam and Bihar.
|India||South Asia||Financial services||September 2008||Active|
| Bhartiya Samruddhi Finance Limited|
Bhartiya Samruddhi is a non-banking finance institution that mainly provides microfinance products/services. It is present in 33,226 villages in India.
|India||South Asia||Financial services||March 2009||Active|
| Rural Shores Business Services|
Rural Shores is a rural business processing outsourcing company (BPO) that commenced operations in January 2009. The company mainly caters to BSFI and insurance provider industries.
|India||South Asia||Financial services||September 2009||Active|
| Suryoday Small Finance Bank Limited|
Suryoday Small Finance Bank Limited is based in Mumbai with over 215 branches in 7 states across India and over 750,000 customers. It offers group, individual, SME and home loans.
|India||South Asia||Financial services||September 2010||Active|