Micro and small enterprises (MSEs) in Kazakhstan stand to benefit from a new investment which aims to help businesses recover from the economic shock of the COVID-19 pandemic, resume operations, and adapt to the post-crisis environment.

The $2 billion IFC commitment will support the continent's economic recovery from the pandemic by sustaining and creating jobs and business activity.

The investment will help to keep small and medium-sized enterprises open and preserve jobs, which is critical to sustaining the Bangladeshi economy.

The financing package consists of $130 million from IFC's own-account and a $270 million syndicated loan from a group of 10 banks.

After two years of research including the latest developments brought by the Covid-19 pandemic, a financial health manual is now available.

The loan is extended within the Western Balkans SME Competitiveness Support Program with the support by the EU, which is providing incentive payments and technical assistance.

The partnership aims to support the development of the distressed small and medium enterprises assets market in Brazil.

With an investment of $5 million, the SANAD ESF II contributed to the $36 million first close of the Badia Impact Fund Squared, which targets early-stage, innovative SMEs in need of equity funding to scale up operations.

The EUR 27.5 million investment will generate jobs, boost energy-efficiency measures, and help reduce carbon emissions.​

This investment is the first of five proposed commitments to ABL Trust Mexico that could reach a total of $2 billion pesos in the next three to five years.