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Announced

Completed

DEG completed the $20m investment in Annapurna Finance.

Synopsis

DEG, a financing, advice and support provider, completed the $20m investment in Annapurna Finance, a microfinance company. “Financial upliftment of the rural population, by making available to them easy access to formal credit continues to be our prime focus at Annapurna. DEG's investment would only help us further to meet our goal to provide easy credit access to the unserved rural population in the country,” Gobinda Chandra Pattnaik, Annapurna Finance Managing Director.

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