Mumbai, Aug. 22 -- These loans, structured with bullet repayments at the end of 5.5 years and 7 years respectively, will provide additional comfort to the company's asset-liability management (ALM) position.
The fundraise was completed in two tranches, the first tranche of Rs 40 crore on July 24, 2025 and the second tranche of Rs 60 crore on August 21, 2025. Both tranches were raised from different lenders.
The proceeds will enable the company to further its mission of financial empowerment, with a continued focus on expanding income-generating loans (IGL), water, sanitation, and hygiene (WASH) loans for its clients, thereby driving both livelihood creation and community well-being. Through this dual focus, SCNL not only supports econom...
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