NMI Frontier Fund today announced an investment of approximately INR 4,00,00,000 (USD 900,000) into Belstar Investment and Finance, an microfinance institution operating principally in the Southern Indian states of Tamil Nadu and Pondicherry.
Belstar is a non-bank financial company that is affiliated with Hand-in-Hand, a large, well-established non-governmental organization (NGO) focused on livelihood promotion. Hand-in-Hand is [...]
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