Spandana Sphoorty Financial Ltd.

Lok I

Founder(s):

Padmaja Reddy

The primary mandate for Lok I was to invest in MFIs. The fund invested in various MFIs with the following criteria: 1. Backing MFIs across different geographies, as a portfolio diversification strategy 2. Mix of rural and urban MFI models 3. Companies with strong promoter backgrounds - both in terms of execution ability and alignment with Lok's philosophy

Financial Services

Sector

Microfinance

Sub Sector

Andhra Pradesh

Region of Operations

2007

Year of Investment

Vishal

Deal Team

Exited

Status