Case 10 · Decent work, India, two-year facility
A guarantee-backed facility financed ethical micro-contractors in construction.
| Instrument | Working capital facility with guarantee |
|---|---|
| Amount | USD 265k |
| Structure | A consortium of partners, the Dignity in Labour platform |
| Borrowers | Ethical micro-contractors at USD 4,000 to 6,000 each |
| Expected return | 4 to 5 percent in USD |
93 percent repayment rate
Around 7 percent of the guarantee invoked
Around 2,400 migrant workers in dignified work
For you: a small guarantee protected a whole portfolio of loans to people banks ignore.