PAHAL | Microfinance Institution
Pahal is a Microfinance Institution (MFI) that provides loans to low-income households with a strong outreach to women and farmers. Launched in 2011, it is currently present in 7 states of central India with a network of 201 branches and high penetration potential. In 10 years, it has supported more than 800,000 households in marginalised communities.
Pahal has become one of the fastest growing MFIs, scaling efficiently in a short period of time due to its strong technological focus. Transforming finance in underserved markets, Pahal aims to reach 2 million clients by 2025.
Pahal’s environmental strategy has been enhanced by the launch of two products that promote sustainability among female groups: solar-lights and clean water & sanitation financing. Internal actions have been focused on increasing digitalization to reduce paper waste and promoting recycling.
In the coming years, Pahal should be aiming to develop a formal environmental policy and performance system, including specific goals and KPIs to monitor its environmental impact.
Investment: EUR 6 million
Investment type: Equity
Technical assistance: Pending confirmation
Date of investment: Jan-22