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News

The State Bank of Pakistan Awards In-Principle Approval to 5 Digital Retail Banks

The awardees include HugoBank Limited, KT Bank Pakistan Limited, Mashreq Bank Pakistan Limited, Raqami Islamic Digital Bank Limited and Telenor Microfinance Bank Limited.

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Iowa Credit Union Foundation Announces $150,000 Grant Initiative to Increase Financial Inclusion in Iowa

The Iowa Credit Union Foundation recently announced a new three-year, $150,000 investment in a grant initiative that will address barriers to financial well-being for minority populations in Iowa.

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Fortune Credit Ltd, Fundación Génesis Empresarial, & Yikri Announced As Finalists for European Microfinance Award 2023 on Inclusive Finance for Food Security & Nutrition

On the 19 and 20 September 2023, the Selection Committee for the European Microfinance Award 2023 (EMA2023) on “Inclusive Finance for Food Security & Nutrition” selected the three finalists who will go on to compete for the EUR 100,000 prize.

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IDEO Last Mile Money Launches Financial Confidence Playbook!

IDEO Last Mile Money's Financial Confidence Playbook is a design guide for product teams and research organizations focused on digital financial services for the last mile.

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World Food Programme and UN Capital Development Fund Launch New Finance Initiative to Support Zero Hunger

The new, innovative funding mechanism WFP BRIDGE aims to catalyze additional funding for businesses working towards ending hunger in challenging environments and who often struggle to access commercial financing mechanisms.

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Time to Register for EMW2023!

The EMW 2023 line-up is organized across several thematic streams, such as digitization, social performance, funding/investment – and this year there also will be streams on refugee finance, agri-finance, and a particular emphasis on green and climate-smart finance, and “Food Security & Nutrition” – the topic of the European Microfinance Award 2023.

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Davivienda and IFC Close $300 M Agreement to Promote Gender Inclusion and Sustainability in Colombia

Banco Davivienda and the International Finance Corporation announced the closing of a financing agreement for $300 million to promote gender inclusion and sustainability in Colombia.

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Breaking the Cycle of Generational Poverty in Guatemala Through Microfinance

According to a recent report U.S.-based Friendship Bridge shows clear evidence of achieving its aim of breaking the cycle of generational poverty among rural families in Guatemala.

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22 Ministers Call for Simplified and Consistent Access to Climate Finance With LoCAL 

Ministers and high-level representatives from Bhutan, The Gambia and Liberia last week launched a 22-signature Ministerial Declaration in New York calling for "simplified" and "consistent" access to climate finance.

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Symbiotics Investments Fosters Education in India Through an Education-Focused Social Bond With Varthana

Varthana finances affordable private schools and students with affordable school and student loans, customized to enable schools and students to unlock their full potential.