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Abler Nordic Impact Report | Q2 2023

Check out our Impact Report for Q2 2023 and hear how we work to empower low-income families in developing countries with access to relevant and responsible financial services.

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In this edition, we're sharing the remarkable story of our portfolio company Utkarsh Small Finance Bank, who transformed from a Microfinance Institution in 2009 in one state with 8,000 customers to serving 3.6 million customers across 26 states, and have now listed on the National Stock exchange and Bombay stock exchange.

92

percent of the end-clients reached by Abler Nordic are women

Advancing SDGs for Financial Inclusion

The 17 Sustainable Development Goals (SDGs) are an urgent call to action by all countries - developed and developing - to recognize that ending poverty must go hand-in-hand with strategies that improve health and education, reduce inequality, and spur economic growth – all while tackling climate change. Financial inclusion is central to achieving many of the SGDs, and in our quarterly impact reporting we track our portfolio companies' contribution to these critical goals.

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Abler Nordic was established in 2008 in Oslo, Norway as a partnership between the public sector and private investors. Abler Nordic invests in institutions building financial inclusion in Africa and Asia.
OfficesAbler Nordic has offices in Norway, Denmark, Kenya, India, and Indonesia. View our Contact page for details.
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