SAVE Microfinance Private Limited, a prominent microfinance institution under the SAVE Group, has successfully raised USD 3 million through Non-Convertible Debentures from Impact Investment Exchange’s flagship Women’s Livelihood Bond™ 7. This significant investment reinforces SAVE Microfinance’s commitment to deepening financial inclusion for India’s underserved communities, with a distinct focus on empowering women from low-income households by expanding their access to affordable credit and sustainable livelihood opportunities.
The fresh infusion of capital through WLB7 enables SAVE Microfinance to scale its reach across rural areas, aiming to catalyse economic resilience for thousands of women entrepreneurs. SAVE Group’s Co-Founder and Managing Director, Mr. Ajeet Kumar Singh, highlighted that the funding validates their ongoing mission to promote financial inclusion and women’s empowerment. This association with Impact Investment Exchange not only diversifies the company’s funding sources but also signifies strong global confidence in SAVE Microfinance’s robust business model and its impact-driven vision for responsible and inclusive economic growth.
Women’s Livelihood Bond™ 7 forms part of IIX’s globally recognised bond series focused on mobilizing private capital to drive gender equality and financial resilience across emerging markets. IIX, a leader in impact investing since 2009, has channeled over $500 million into initiatives that foster sustainable development, gender equality, and climate action, positively impacting more than 160 million lives in over 60 countries. The Women’s Livelihood Bond™ Series, supported by international stakeholders including IFC, has empowered hundreds of thousands of women, and WLB7 will continue this mission—directing resources to entrepreneurs, promoting financial literacy, and expanding responsible lending.
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Founded in 2009 in Gaya, Bihar, SAVE Microfinance has steadfastly provided microcredit through customer-centric and transparent practices. Its unwavering focus on responsible lending and inclusive growth aligns seamlessly with India’s sustainable development goals, ensuring marginalised women have the tools, knowledge, and resources to become economic agents of change within their communities. With the backing of WLB7, SAVE Microfinance is now poised to reach even more women, drive financial resilience, and deliver measurable social and financial outcomes, further solidifying its role as a catalyst for progress and empowerment in India’s evolving rural landscape.
