A recent micro-loan securitization, completed by IFMR Capital and Equitas Micro Finance, has enabled the first-ever mutual fund investment into the Indian microfinance sector.

The Rs. 480 million ($10.4 million) transaction is backed by over 55,000 micro loans originated by Equitas Micro Finance, a Chennai-based microfinance institution with approximately 700,000 low-income clients.

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