All News and Announcements
Colombian Microfinance Firm MiCreditoYa Microfinanciera SAS Welcomes €1.1M Investment
The €1.1m investment in MiCreditoYa from the ABC Fund will enable MiCreditoYa to expand its loan portfolio, potentially adding 2,500 loans to farmers in Nariño onto its loan book over the next two years.
IFC and Nu Colombia Announce Alliance to Promote Financial Inclusion of Venezuelan Migrants in Colombia
The agreement will allow Nu Colombia to build the foundations to launch, in the future, a market strategy that promotes the financial inclusion of this population through access to digital financial services focused on savings accounts.
Symbiotics Investments – Arranged Repack Enables Amundi Asset Management to Invest in BBVA Colombia’s Blue Bond
The issuance of the blue bond gives BBVA Colombia a fresh source of funding to grow their investments in water and marine-related projects.
Visa and Oxfam America to Explore Bringing Pre-Disaster Financial Support to the Philippines, Kenya, Colombia, and Puerto Rico
Visa recently teamed up with Oxfam America to serve as a payments partner in the Philippines, Columbia, Puerto Rico and Kenya.
UNI2 Microcrédito Receives $3 Million Loan From Triodos Microfinance Fund and Triodos Fair Share Fund
The debt facility provided by Triodos Microfinance Fund and Triodos Fair Share Fund will enable UNI2 to further expand its loan portfolio in post-conflict areas of the country where poverty rates are high.
Bancolombia and Terrapay Sign Contract to Strengthen Cross-Border Remittances Across Colombia
As part of their collective commitment to enhance financial inclusion, the two companies will enable seamless cross-border transfers, connecting Colombians living away from home with secure solutions to send funds to their loved ones in Colombia.
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.
IFC launches Sourcing2Equal Colombia Program to Promote Businesses Between Women Owned/Led SMEs Suppliers and 15 Corporate Buyers
+ Sourcing2Equal Colombia brings together 15 corporate buyers operating in Colombia to make specific and measurable commitments to increase access to corporate procurement opportunities for women-owned small and medium enterprises.
Nubank Secures Loan of up to $150 Million From IFC to Strengthen Its Operation and Expand Access to Financial Services in Colombia
The new loan will increase access to payment systems for Colombians, in addition to promoting greater competition in the industry in favor of consumers.
Colombia Is in Talks With Brazil to Implement the Pix Payment System
Colombia is looking to minimize the use of cash in the country and boost the financial inclusion of its most vulnerable citizens.