The company intends to deploy the ECB proceeds for their onward lending program targeted to support their microfinance as well as small business customers in more than 9000 deep rural villages with little or no access to formal means of credit.
source https://economictimes.indiatimes.com/industry/banking/finance/dvara-kgfs-raises-8-million-euros-as-external-commercial-borrowings-ecb/articleshow/81634723.cms
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