Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jul, 27 2018

USAID, DHFL sign $10 mn loan guarantee for health SMEs in India

The new partnership will deepen collaboration with various borrowers across the country, especially Rajasthan, Odisha, Madhya Pradesh and Chhattisgarh, especially for the undeserved communities.

USAID, DHFL sign $10 mn loan guarantee for health SMEs in India

The US Agency for International Development (USAID) and Dewan Housing Finance Corp Ltd (DHFL) on Tuesday signed a $10 million loan guarantee agreement which will benefit small and medium enterprises operating in the healthcare sector in Tier II and III cities in India, officials said.

Through this risk-sharing agreement, the DHFL will provide up to $10 million to such SMEs, besides prioritizing lending to women entrepreneurs.

The new partnership will deepen collaboration with various borrowers across the country, especially Rajasthan, Odisha, Madhya Pradesh and Chhattisgarh, especially for the undeserved communities.

"The USAID-DHFL partnership will boost women's empowerment by prioritizing them for lending, helping women access loans, and expand and improve the viability of their businesses," US Consul-General in Mumbai Edgard Kagan said on the occasion.

DHFL's Joint Managing Director Harshil Mehta said the company's partnership with USAID was a culmination of their combined efforts to improve healthcare facilities across India, especially the smaller cities.

The venture will get technical assistance from USAID's flagship 'Partnerships for Affordable Healthcare Access and Longevity (PAHAL)' programme.

PAHAL Project Director L.M. Singh said it was already reaching 10 million urban poor across seven high priority states in India.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Grocery Stores
    About Us: Value4u is one of the best grocery suppliers in..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater pune Maharashtra
  • Others Food Service
    About Us: Own the American Dream In India with U.S.Pizza! Since its..
    Locations looking for expansion Karnataka
    Establishment year 1998
    Franchising Launch Date 2002
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Urban District Karnataka
  • Organic Products
    About Us: Launched in 2015, Bio Basics, a brand owned and..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size Rs. 5lac - 10lac
    Space required 700
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Others Food Service
    About Us: Reasons to Franchise : Popular tea spot in the prime..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size
    Space required 150
    Franchise Outlets -NA-
    Franchise Type MultiUnit
    Headquater Delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities