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.

Investing in digital finance can build a better future for the poor, says the CEO of the Consultative Group to Assist the Poor.

The International Fund for Agricultural Development will provide Bangladesh with a loan of $ 18.07 million to rebuild microenterprises as well as to support smallholders affected adversely by the COVID-19 pandemic.

Through the investment, the partners aim to facilitate farmers’ ability to access much-needed financing to sustain their businesses using local currency.

Senior loan equivalent of EUR 2 million to be on-lent to underserved local entrepreneurs to sustain small business operations.

The proceeds of the Social Bond will be used to finance access to financing services, with its eligible subcategories: affordable housing and household financing.

The new agreement allows two of the leading multilateral development banks with focus on the private sector to offer Climate Assessment for Financial Institutions tool to a larger number of financial institutions.

The nonprofit’s new $17.5 million impact fund will specifically focus on supporting underserved women business owners impacted by COVID. 

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

UAE emerges second largest source of remittances for Pakistan in first five months of FY 2021.