Giving Credit Where Due: A Case for Debt Financing in Indian Impact Enterprises

This report from the Indian Impact Collective (IIC) makes a case for the increased adoption of debt financing for social sector enterprises in India. It argues that traditional equity models may not always be suitable and that debt instruments can provide stable, scalable capital for impact-driven organizations. The paper analyzes the unique challenges and opportunities within the Indian context, advocating for innovative debt financing solutions to support the growth and sustainability of impact enterprises.