Dvara KGFS Bridges the Gap: $10 Million Fuels Rural Financial Inclusion

Dvara KGFS, a non-banking financial institution (NBFC) bridging the gap for underserved communities in remote corners of India, has secured $10 million in debt financing from BlueOrchard Microfinance Fund. This fresh injection of capital strengthens Dvara KGFS's mission of financial empowerment in rural India.

The new funding follows a successful $14.4 million raised earlier this year, showcasing the growing confidence in Dvara KGFS's approach. They stand out by offering a comprehensive suite of financial tools – loans, third-party products – tailored to the diverse needs of nano and micro-businesses. Their omni-channel approach ensures accessibility across their 400+ branches spread across 10 states.

With Assets Under Management surpassing Rs 2,000 crore, Dvara KGFS is not just a lender; they're a key player in India's rural financial landscape. This $10 million signifies not just their growth, but the growing importance of financial inclusion for the economic well-being of rural India.