“We became a Pioneer GIIRS Fund, because we feel that it is important as an impact investor to not only measure financial returns, but also our social and environmental performance. GIIRS will allow us to measure our impact in a way that is consistent with other leading impact oriented funds in the space."

- Joe Glorfield, Partner, TBL Capital

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Janalakshmi Financial Services
GIIRS Pioneer
Rated: 08.30.2013
Company Website: http://www.janalakshmi.com

Company Description

Janalakshmi Financial Services is a for-profit NBFC urban microfinance institution (MFI), with the promoter stake held in the not-for-profit entity Janalakshmi Social Services. Funds in Janalakshmi Social Services can only be used to address social issues

Company Mission

Janalakshmi envisions being a new age financial institution that seeks to service the microfinance needs of urban un-banked in India, in a market-oriented fashion

Industry Information

Sector

Service

Industry Category

Financial & insurance activities

Industry

Other credit - Emerging Mkts

Products and Services

Loans

Geographic Area of Operations

Market Type

Emerging

Region (World)

South Asia

Operating Country

India

Other Countries of Operation

No Other Countries of Operation