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U GRO Capital Impact Financing Gets Endorsement From responsAbility
U GRO Capital, a listed, small business lending MSME focused fintech platform raised its first impact focused debt investment of INR 138 crore (≈ $1,848,820.03) from funds managed/ advised by Switzerland based impact investor responsAbility.
These entities joined forces to contribute to the Sustainable Development Goals of the UN 2030 agenda and launched a social bond that bundles loans to innovate companies in capital scarce regions operating in in the financial inclusion, healthcare and WASH (water, sanitation, hygiene), agriculture and climate finance sectors, and that have a measurable, positive social impact.