Five Star Business Finance
Introduction
Five Star Business Finance offers loans to micro and self-employed entrepreneurs in fast-growing rural and peri-urban areas, mainly in southern India.
Swedfund's investment contributes to local social development by supporting these customer segments which form the backbone of the Indian economy. The financing strengthens the financial position of the entrepreneurs, creating the conditions for future growth and contributing to new local jobs and livelihoods.
Read more in our press release: Swedfund supports Indian micro-entrepreneurs
Facts
SDGs in focus
No Poverty
End poverty in all its forms everywhere.
Decent Work and Economic Growth
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.
Reduced Inequalities
Reduce inequality within and among countries.
Sector
Financial Inclusion
Financial Inclusion invests in, amongst others, regulated banks and microfinance institutions to reach out more broadly and effectively.
Value creation
Our Impact
The investment contributes to financial inclusion and economic growth through loans to entrepreneurs and to jobs and other income-generating opportunities locally.
ESG
We are working closely with the company to further develop its environmental and social management system to address issues related to sustainability policies and capacity development. We are also working closely with the company to strengthen its anti-corruption management system.
Additionality
Our investment is financially additional as it is made in a difficult context associated with high risks and in a challenging business environment. The investment is value additional in that it prioritises the environment and sustainability.