Annapurna Finance, British International Investment, and FinReach Solutions Sign Landmark Credit Guarantee Agreement to Empower Micro and Small Enterprises (MSEs)
New Delhi (India), September 13: Annapurna Finance Pvt. Ltd., one of India's leading Non-Banking Financial Companies and Microfinance Institutions (NBFC-MFI), has entered into a landmark partnership with British International Investment (BII), the UK’s development finance institution and impact investor, and FinReach Solutions, a guarantee facilitation partner dedicated to enhancing credit availability to viable MSEs. This strategic alliance aims to empower India’s Micro and Small Enterprises (MSEs), which form the backbone of the country's economy.This partnership is particularly significant as it marks the first time a Development Finance Institution (DFI) has extended a credit guarantee to an NBFC-MFI in India. The agreement entails BII providing a first-of-its-kind credit guarantee to ...









