Vijayawada: Dvara Kshetriya Gramin Financial Services Private Limited (Dvara KGFS), a leading rural NBFC, dedicated to fostering financial inclusion in deep rural villages across India, increased its footprint by entering Andhra Pradesh.

Dvara KGFS has also successfully raised subordinated debt of $5 million and senior secured debt of $5 million through External Commercial Borrowings (ECBs) from Triple Jump as portfolio manager of the Global Gender-Smart Fund, according to a release.

The Global Gender-Smart Fund (GGSF), co-managed by Triple Jump, is a leading gender-lens investment fund. Its strategy addresses the gender gap by equitably providing responsible and accessible financial services to traditionally underserved women as well as women-owned and women-led businesses in developing markets.