Equator Capital Partners

MFS Africa Limited is a leading provider of mobile money interoperability in Africa, facilitating seamless money transfers and payments across the continent. Established in 2009 and headquartered in Accra, Ghana, the company connects mobile network operators through a unified API, enabling a range of services including remittances, merchant and bulk payments, as well as bank-to-wallet transfers. MFS Africa serves various stakeholders, including money transfer operators, banks, and mobile money operators, by offering alternatives for remittances, micro-lending, micro-insurance, and micro-savings. With additional offices in key African cities and London, MFS Africa plays a crucial role in enhancing financial connectivity and promoting financial inclusion across the region.

MFS Africa Limited is a leading provider of mobile money interoperability in Africa, facilitating seamless money transfers and payments across the continent. Established in 2009 and headquartered in Accra, Ghana, the company connects mobile network operators through a unified API, enabling a range of services including remittances, merchant and bulk payments, as well as bank-to-wallet transfers. MFS Africa serves various stakeholders, including money transfer operators, banks, and mobile money operators, by offering alternatives for remittances, micro-lending, micro-insurance, and micro-savings. With additional offices in key African cities and London, MFS Africa plays a crucial role in enhancing financial connectivity and promoting financial inclusion across the region.

MFS Africa Limited is a leading provider of mobile money interoperability in Africa, facilitating seamless money transfers and payments across the continent. Established in 2009 and headquartered in Accra, Ghana, the company connects mobile network operators through a unified API, enabling a range of services including remittances, merchant and bulk payments, as well as bank-to-wallet transfers. MFS Africa serves various stakeholders, including money transfer operators, banks, and mobile money operators, by offering alternatives for remittances, micro-lending, micro-insurance, and micro-savings. With additional offices in key African cities and London, MFS Africa plays a crucial role in enhancing financial connectivity and promoting financial inclusion across the region.

Chaitanya commenced its microfinance operations in October 2007 at Nayakanahatti village in Chitradurga district. For two years Chaitanya carried out its microfinance operations as a NGO. In October 2009, Chaitanya obtained a Non Banking Finance Company (NBFC) license from Reserve Bank of India for a newly registered company, Chaitanya India Fin Credit Pvt. Ltd.(CIFCPL). Since October 2009, CIFCPL is conducting microfinance operations as a for profit company.

Chaitanya Rural Intermediation and Development Services to provide access to financial services to the rural poor in India.

Fortis Microfinance Bank Plc operates as a microfinance institution in Nigeria, focusing on providing essential banking services to low-end entrepreneurs, the underbanked population, cooperatives, and high-net-worth individuals. The bank offers a range of financial products designed to meet various customer needs, including different types of savings accounts such as the Fortis Savings Account, Fortis Young Star Savings Account, and Fortis Active Savings Account. Additionally, it provides specialized accounts like the Fortis Cooperative Movement Account and the Fortis Better Tomorrow Account, along with various loan products. Fortis Microfinance Bank aims to enhance financial inclusion by delivering accessible banking services tailored to diverse segments of the community.

SBM Group, established in 1973 and headquartered in Port Louis, Mauritius, is a prominent banking and financial services provider serving retail, corporate, and government clients across several regions, including Mauritius, Europe, the United States, the Asia Pacific, and Africa. The Group offers a comprehensive range of services, including savings accounts, loans for various purposes, and credit cards. It also caters to corporate clients with products such as working capital finance, project finance, and treasury services, alongside specialized offerings for small and medium enterprises. In addition to traditional banking services, SBM provides private banking and wealth management, asset management, and securities brokerage, enhancing its portfolio with digital banking solutions. With a workforce of over 1,300 employees, SBM Group serves more than 600,000 customers and has been recognized among the top 1,000 world banks, reflecting its strong market presence and commitment to customer service through various channels.

TuranBank Open Joint-Stock Company provides various banking products and services to corporate and retail customers.

FBC Holdings is a diversified financial services group.

Satin Creditcare Network provides financial assistance to households, excluded from the ambit of mainstream financial service providers. The company offers financial products in the Non-MFI segment, a housing finance subsidiary, and business correspondent services, and similar services to other financial Institutions through Taraashna Services Limited, a business correspondent company and a subsidiary of Satin Creditcare Network. The company also incorporated a housing finance subsidiary which is Satin Housing Finance Limited or SHFL for providing loans to the affordable housing segment. This extension is to provide financial products that cater to the undeserved segments of the market. The company's operations is based on the Joint Liability Group model, which enables people to deliver collateral-free, microcredit facilities to economically active women in rural and semi-urban areas, who have limited access to mainstream financial service providers. It also offers loans to individual businesses and MSMEs, product financing for the purchase of solar lamps, as well as loans for the development of water connections, and sanitation facilities. Satin Creditcare Network focuses on rural and semi-urban areas, securing that its services reach those regions that usually face low or at best, moderate rates of penetration by other microfinance institutions. Satin Creditcare Network was founded in 1990 and is headquartered in Gurugram, Haryana, India.

Khushhali Microfinance Bank Limited, established in 2000 and based in Islamabad, Pakistan, is the country’s first and largest microfinance institution. It provides a range of banking services tailored for micro, small, and medium enterprises, as well as low-income households. The bank offers various loan products, including group, individual, and MSME loans, with specific options for agriculture, livestock, asset purchases, working capital, and new business ventures. In addition to loans, Khushhali Microfinance Bank provides current and savings accounts, term deposits, debit cards, call deposit receipts, and insurance solutions. The institution also facilitates remittances and offers online banking services, making financial resources accessible across all provinces of Pakistan, including Jammu and Kashmir and the Federally Administered Tribal Areas.

UB Finance Company Ltd. is a finance institution based in Colombo, Sri Lanka, providing a diverse array of financial solutions for both individuals and businesses since its incorporation in 1961. The company offers investment products, including fixed deposits and savings accounts, alongside leasing options for vehicles and machinery. Additionally, it provides hire purchase schemes for new and pre-owned vehicles and various loan products, such as personal, commercial, and micro loans, as well as specialized financing against investments. UB Finance also engages in working capital solutions, pawning, and real estate services. With a network of branches across several cities, including Ambalangoda and Negombo, it operates as a subsidiary of Union Bank of Colombo PLC, contributing to the financial landscape of Sri Lanka through its comprehensive service offerings.

MFinance is a financial services company in Zambia operating in the micro-finance segment of the market. It is licensed as a deposit taking institution by the Bank of Zambia ranking amongst the market leaders; it is part of the MFS Group, one of the leading diversified financial services groups in Zambia, listed on the Lusaka Stock Exchange. MFinance has two business units notably providing credit to salaried employees of public and private sector enterprises, through the salary-deduction mechanism, and to micro, small and medium sized enterprises (‘MSMEs’). In both segments of the market, the credit is for relatively modest amounts and for relatively short periods thereby reducing the risk of non-payment.

Sathapana Limited operates as a microfinance institution. The company focuses on providing its products and services to women in urban and rural areas of Cambodia. It offers microfinance services, such as various credit and savings products, including individual, group, seasonal, staff, and small and medium enterprise loans, as well as passbook saving, fix deposit saving, and local money transfer services. Sathapana Limited was formerly known as Cambodian Entrepreneur Building Limited and changed its name to Sathapana Limited in 2008. The company was founded in 1995 and is based in Phnom Penh, Cambodia. It has operation branches in Phnom Penh, Kandal, Kampong Chhnang, Prey Veng, Banteay Meanchey, Battambang, Kampong Cham, Kampong Speu, Kampong Thom, Kampot, Siem Reap, Pursat, Takeo, Sihanoukville, and Svay Rieng, Cambodia. As of November 1, 2012, Sathapana Limited operates as a subsidiary of Maruhan Japan Bank Plc.