Microfinance Private Equity

Dia Vikas Capital Invests in Arth Microfinance

Arth got associated with Dia Vikas Pvt. Ltd.The Indian subsidiary of Opportunity International Australia Ltd in November 08’ and since then the partnership has supported our growth and impact objectives. Dia has provided us a strategic partnership to better manage the risks including regulatory, funding, operational, governance and technology.

To give a head start Dia invested a sum of Rs. 75,00,000 as long term loan and Rs. 15,00,000 as a soft loan. As our partnership matured Dia Vikas has now provided us Equity Support of Rs.1 Crore along with convertible loan of Rs. 1.5 Crore.

diavikascapitalindiaSigning the Agreement

The Equity agreement meet was held on 23 March,2009. Kaushalya ji,our client representing the group, was also present at the signing ceremony , and signed the equity agreement on behalf of the group. We also had Ms. K C Ranjani, CEO Dia Vikas ,Mr, Pramod K Paliwal MD & CEO ARTH FINANCE , Director & COO Arth Finance Mr. Kuldeep K Arora and Executive Directors Dia Vikas Mr. Saneesh Singh and Mr . Monty , to sign the agreement.

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