The P2P operator provides shariah-compliant and conventional financing from RM1,000 to RM50,000 ( about $233.69 to $1168.43) to microenterprises.

Public financial institution, the French Development Agency disbursed a concessional loan of N$235 million loan to finance the growth of NamPost’s microfinance business, specifically targeting NamPost’s microfinance activities aimed at pensioners.

Khushhali Microfinance Bank has contributed PKR 1 million (about $6,067.04) to the Fund to support the government in the fight against COVID-19.

Nepal, where remittance contribution to GDP in 2019 was equivalent to 27.3 percent, according to the World Bank, has lost nearly 50 percent of remittances in the past two months compared to the same period last year.

The funding will be used to expand lending to small and medium-sized enterprises, with over a third dedicated to businesses owned by women.

COVID-19 could be the “demonetization moment” for digital services delivery in India.

EFSE partners to provide agricultural businesses with much-needed liquidity in local currency to combat economic effects of coronavirus crisis.

In his message, Mr. Guterres recognized the determination of the 200 million migrants who regularly send money home, and 800 million families, in communities throughout the developing world, who depend on those resources.

MTN today said the spread of Covid-19 epidemic has accelerated the adoption of mobile financial services in Africa.

Mastercard says it is expanding its worldwide commitment to financial inclusion by pledging to bring a total of 1 billion people and 50 million micro- and small businesses into the digital economy by 2025.