The aim of the investment is to boost competitiveness in the small and medium enterprise finance market while also improving financial inclusion, creating jobs, and supporting the nation's climate goals. 

The capital Incofin raised from the new shareholders will boost the company’s capacity to launch new initiatives, including funds integrating a smart climate and gender lens. 

Cambodia's AMK Microfinance Institution Plc raises a $7.5 million green loan to broaden its green initiatives by introducing renewable energy sources, implementing energy efficiency projects, and developing eco-friendly and circular economy products.

Through this funding, the company plans to disburse income-generating loans worth INR 5,000 crore in the next five years, resulting in an overall reduction of four million tones of carbon emission, the firm said in a statement on 3 October.

Symbiotics has arranged with Samunnati Financial Intermediation & Services Private Limited (“Samunnati”) its first Green Bond whereby the proceeds of $4.6 million in local currency equivalent are fully allocated towards climate smart agriculture.

The proceeds of the Sustainability Bond will be used to finance both Social and Green eligible loans. The Social loans will be granted towards microenterprises and SMEs, stimulating the generation of employment in the country.