GAWA Capital and Northern Arc Capital raise EUR 14 million for Indian financial inclusion

Madrid - August 2019.

Northern Arc and GAWA Capital have structured and raised EUR 14 million in debt for four Non-Banking Financial Companies in India, which focus on promoting financial inclusion for excluded segments of the population. Magallanes Impacto FIL, fund advised by GAWA Capital and managed by Magallanes Value Investors SGIIC, has co-invested EUR 6.9 million with Northern Arc in this landmark operation. The companies invested in focus on Microfinance, Micro and Small Enterprise lending, Educational finance and Vehicular finance and play a key role in fighting financial exclusion in the country.

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