All News and Announcements
COVID-19: Augmenting Farmer Access to Long-Term Credit
Failing to protect farmers amid the novel coronavirus disease (COVID-19) pandemic can worsen India’s agrarian distress.
Developing World Loses Billions in Money From Migrant Workers
Migrant workers who lost their jobs because of the pandemic’s economic impact are running out of cash to send home, dealing a blow to the fragile economic health of the developing world.
Digital Financial Inclusion in the Times of COVID-19
The COVID-19 pandemic could be a game changer for digital financial services.
IFC Providing $5 Million to Timor-Leste's Kaebauk Investimentu no Finansas, S.A. to Improve Access to Finance for Farmers, With a Focus on Women
The investment is expected to lead to over 10,000 more people gaining access to finance by 2024, of which over 75 percent will be women.
Garment Workers Pressed by Piling Microfinance Debt, Report Says
Tens of thousands of garment workers, who are facing slashed work hours and wages amid the global pandemic and economic downturn, will struggle to repay mounting microfinance debt, a new civil society report says.
COVID-19 Creates Opportunities for Mass Adoption of Fintech in Bulgaria
The COVID-19 outbreak and the economic downturn it triggered gave the fintech sector in Bulgaria a chance to see various opportunities for mass adoption of financial technology in the near future.
HNB Records Growth in Digital Remittances During COVID Lockdown
Sri Lanka’s HNB has reported a smooth transition to contactless remittance transactions parallel to rising demand for digital remittances and cardless withdrawals during the coronavirus lockdown.