Mortgage lender DHFL and the US Agency for International Development (USAID) today announced a USD 10 million (about Rs 70 crore) loan portfolio guarantee to improve capital access for small businesses in the healthcare sector.
"Through the risk-sharing agreement signed between USAID and DHFL, will be able to provide up to USD 10 million to small and medium-sized enterprises operating in the health sector in India, prioritising lending to women entrepreneurs," the two organisations said in a joint statement.
It will help deepen collaboration with various borrowers throughout India, especially in Rajasthan, Odisha, Madhya Pradesh, and Chhattisgarh; and also ensure improved access to quality, affordable healthcare and better health outcomes for underserved communities, it said.
US Consul General Edgard Kagan said, "The USAID-DHFL partnership will boost women's empowerment by prioritising them for lending, helping women access loans and expand and improve the viability of their businesses."
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