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News

IFC Financing of up to $100 M to Sudameris Supports the Expansion of Access to Credit for SMEs in Paraguay, with a Focus on Women-owned Enterprises

The loan will increase access to finance for small and medium enterprises (SMEs) in Paraguay, which in turn will have a positive impact on job creation and the economic recovery from the effects caused by the COVID-19 pandemic and climate change.

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U GRO Capital’s Sectoral Approach Aids Multiple Sustainable Development Goals: Sattva Consulting Impact Assessment Study

This study would be one of India’s first such vendor social diligence undertaken by any Company, in hopes to encourage the entire lending ecosystem to measure, evaluate, and govern the impact performance for their customers.

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UNCDF Collaborates With IBM on Digital Futures to Address Digital Skills Gap

The global collaboration will feature IBM SkillsBuild to deliver digital learning to women and youth.

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Explore the 24th MFC Annual Conference Agenda!

The event this year promises to bring together microfinance practitioners, policy makers, experts, investors, IT providers, donors, social finance enthusiasts, and more.

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European Financing Fund for Africa Launched With First Closing of $24.1M

The second fund aims to finance African rural microfinance institutions and agricultural entities sourcing from small-holder farmers in the continent.

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Mastercard Study Advocates Financial Inclusion as a Driver for Better Access to Health and Education

The study "Financial Inclusion+ - Connecting People to Finance, Health, and Education", explores how health, education, digital, and financial inclusion are all intertwined to unlock greater prosperity and wellbeing for communities across the region.

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60 Decibels Unveils Definitive Assessment of Microfinance’s Social Impact

Through interviews with almost 18,000 microfinance clients across 41 countries, the 60 Decibels Microfinance Index provides a ground-up perspective on the lives of 25 million microfinance clients, representing 15 percent of the global market.

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Evocabank Raises $7.5 Million From Symbiotics

Attracted financial means will be directed towards the development of micro, small and medium-sized businesses in Armenia.

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In Conversation With Mary Ellen Iskenderian: Championing Inclusive Finance to Empower Women

In her recently released book, Mary Ellen Iskenderian, President and CEO of Women’s World Banking, provides a comprehensive look at why women’s financial inclusion matters.

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IFC Makes Debt Investment in Microfinance Entity CreditAccess Grameen

The proceeds will be used towards expanding the company’s portfolio to female borrowers for income generation purposes, specifically in the low-income or rural areas of India.