[Funding alert] NBFC Dvara KGFS Secures $14.4 Mn Debt Funding

NBFC Dvara Kshetriya Gramin Financials (Dvara KGFS) has secured $14.4 million via listed non-convertible debentures (NCDs) from Impact Investment Exchange (IIX).

NBFC Dvara KGFS uses a customer-centric, technology-enabled business strategy to provide products and services through a distinctive “Wealth Management” approach. 

Dvara KGFS will work together to help the movement reach its target of mobilising $10 bn by 2030 in order to empower 100 mn women, girls, and gender minorities.

Dvara KGFS added that it plans to use the IIX Values platform for impact measurement in order to reach 87,900 women and girls throughout the four-year WLB6, as reported by Entrackr.

Dvara KGFS offers a range of financial products, including savings, credit, insurance, and investment services, and uses a customer-centric approach to serve the needs of its customers.

About Dvara KGFS

Dvara Kshetriya Gramin Financial Services Private Limited (Dvara KGFS) is a leading non-banking financial company (NBFC) that operates in remote rural areas of India. Established in 2008, the company focuses on providing financial services to low-income households and small businesses.

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