This is the first time Ugro Capital and Capital Trust have come together for a PTC transaction of about Rs 28 crore, with amortisation of the pool tenure of 20 months.

The instrument is rated BBB+ by ICRA. The tie up will allow Capital Trust to enhance its liquidity and build a strong capital base. The loans underlying the pool will have monthly instalments with original maturity of up to 3 years.

With this tie up, Capital Trust will be able to expand its credit portfolio of income generating micro loans among rural India's underserved population.