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.

Filipino households in the lower-income group, especially those in the rural areas of the country, are still struggling to save.

Up to 77 percent of consumers in the Kingdom spending more money online since the onset of the pandemic.

This initiative follows the Central Bank of Nigeria (CBN) directive to enable global money transfers to be paid in US Dollars in an effort to streamline and increase the flow of formal diaspora remittances into Nigeria.

IFC's $5 million investment will provide critical working capital to help them continue their operations and stay afloat during the ongoing public health crisis.