Capital Structure

SONATA’s Shareholding Structure

SONATA’s shares are presently held with four individual promoters and one institutional promoter. While majority of the shares are held with Bellwether Micro Finance Fund, the individual promoters enjoy considerable share in shareholding.

SONATA’s shareholding structure as of January 31, 2008

Name	Date Of Investment
Individual promoters	January 7, 2006 & March 31, 2006
Bellwether Fund	January 7, 2006, March 31, 2006 & July 12, 2007

Bellwether has invested in SONATA, in accordance with its policy to invest in promising start up and support the growth. Bellwether also provides mentoring support and technical assistance in areas including capacity building, governance, systems, legal and statutory compliance.

Funding Details

The financial position of SONATA

SONATA primarily borrows funds to meet up its on lending requirement. Most of the borrowed funds are secured term loan. As on date, twice, SONATA has been offered for the Partnership Model, but both times SONATA has refused to take the route of the Partnership.
SONATA has so far borrowed funds from the following financial institutions::

Friends Of Women World's Bank	HDFC Bank
ABN-AMRO Bank	Bellwether Micro-Finance
ICICI Bank	AXIS Bank
SIDBI Bank	DCB
YES Bank