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Good Fashion Fund's First Investment Demonstrates Impact - Vimarsana News

Good Fashion Fund's First Investment Demonstrates Impact

Indore (Madhya Pradesh) [India], December 9 (ANI/BusinessWire India): The Good Fashion Fund, the Fashion for Good and Laudes Foundation initiated fund to drive sustainable manufacturing practices, signed its first deal with Indian manufacturer Pratibha Syntex Limited in 2020 for a 4.5 million US dollar, long-term loan. With the final disbursement of the loan made in June of this year, and the first on-site monitoring visit this week, the investment is already showing fruitful results and positive financial, environmental, and social impact in Pratibha's spinning, processing, and garmenting...

Good fashion fund's US$4.5m investment has financial, eco, social impact - Vimarsana News

Good fashion fund's US$4.5m investment has financial, eco, social impact

The investment is to replace machinery in various divisions and providing new equipment for the expansion of activities and facilities.