$76M Boost: DEG, Citi Fund Shriram Finance for India's MSMEs, EVs, Farmers

• DEG and Citi have jointly provided a $76 million co-financing package to Shriram Finance Limited.
• The funding aims to accelerate economic inclusion, rural development, and climate-aligned mobility across India.
• DEG's €40 million loan will support MSMEs, EV financing, women borrowers, and customers in underserved regions.
• Citi's ₹260 crore financing targets smallholder farmers, crucial for India's food security and rural economy.
• This marks the second collaborative financing between DEG and Citi, reinforcing their commitment to inclusive and climate-positive financing in India.