Grameen Credit Agricole Foundation Lends $3.7M to Assilassimé Solidarite of Togo, Agora Microfinance Zambia
The foundation has announced its disbursal of local-currency loans to Togo-based Assilassimé Solidarite in an amount approximately equivalent to $2.5 million and Agora Microfinance Zambia in an amount approximately equivalent to $1.2 million.
EFSE Loans Additional EUR 2 Million to BT Leasing to Expand Access to Financing for Moldovan Entrepreneurs
The investment particularly aims to bolster the ability of micro and small enterprises to continue operations in an environment made difficult by the COVID-19 crisis.
IFC to Help Boost Access to Finance for Smaller Businesses, Women Entrepreneurs in Moldova
The IFC funding to Moldova's leading commercial bank and lender will support the bank's on-lending to micro, small, and medium enterprises (MSMEs), a key pillar of the Moldovan economy.
Symbiotics Investments Provides a $10 Million Gender-Focused Bond to Khan Bank in Mongolia
With the issuance of this gender-focused bond, Khan Bank has launched new loan products that are specifically aimed to support productivity, competitiveness and financial access of women entrepreneur clients.
Indigenous Financial Service Research in Kenya, Ghana, and Togo
MSC conducted qualitative research in Kenya, Ghana and Togo and found that Indigenous Financial Services (IFS), such as rotating savings and credit associations (ROSCAs), informal moneylenders and burial societies play a critical role in driving access to finance for micro and small enterprises (MSEs).
Making Financial Services Accessible to Low-Income Populations Through Financial Education and Social Empowerment
This study illustrates how digitalization can improve financial inclusion, customer experience, and operational efficiency for low-income populations and financial institutions.