The investment will directly support IFC priorities in Paraguay, fostering private investment and competition; encouraging economic formalization through financial resources for local businesses; and directing capital toward solutions that drive gender equality.

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.

+ 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.

Argentine Foreign Minister Santiago Andres Cafiero visited BRAC head office on Monday to learn about BRAC's approach to designing anti-poverty solutions, especially with a focus on women's empowerment and financial inclusion of rural women.

The project represents the first gender bond issued by a private bank in Brazil in the form of Letras Financeiras (LFs), an exclusive debt security instrument for local financial institutions.

The investment will allow the bank to strengthen its lending operations for women-owned micro, small, and medium enterprises in the underserved regions of the country.

The commitments are part of Mastercard’s engagement, as a founding member, in the Partnership for Central America.

The loan will increase access to finance for small and medium enterprises (SMEs) in Paraguay, which in turn will have a positive impact on job creation and the economic recovery from the effects caused by the COVID-19 pandemic and climate change.

Finamiga plans to use the wholesale loan to fund 4,000 retail agricultural loans and 1,000 motorcycle loans.

Officially launched in mid-March 2022, the Aliada Digital Card is available to all Mexican women over the age of 18 who wish to start or improve their credit history or continue exploring new forms of financing.