Visa and Oxfam America to Explore Bringing Pre-Disaster Financial Support to the Philippines, Kenya, Colombia, and Puerto Rico
Visa recently teamed up with Oxfam America to serve as a payments partner in the Philippines, Columbia, Puerto Rico and Kenya.
IFC launches Sourcing2Equal Colombia Program to Promote Businesses Between Women Owned/Led SMEs Suppliers and 15 Corporate Buyers
+ 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.
Davivienda and IFC Close $300 M Agreement to Promote Gender Inclusion and Sustainability in Colombia
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.
Bancolombia and Terrapay Sign Contract to Strengthen Cross-Border Remittances Across Colombia
As part of their collective commitment to enhance financial inclusion, the two companies will enable seamless cross-border transfers, connecting Colombians living away from home with secure solutions to send funds to their loved ones in Colombia.
Nubank Secures Loan of up to $150 Million From IFC to Strengthen Its Operation and Expand Access to Financial Services in Colombia
The new loan will increase access to payment systems for Colombians, in addition to promoting greater competition in the industry in favor of consumers.
UNI2 Microcrédito Receives $3 Million Loan From Triodos Microfinance Fund and Triodos Fair Share Fund
The debt facility provided by Triodos Microfinance Fund and Triodos Fair Share Fund will enable UNI2 to further expand its loan portfolio in post-conflict areas of the country where poverty rates are high.
IFC and Nu Colombia Announce Alliance to Promote Financial Inclusion of Venezuelan Migrants in Colombia
The agreement will allow Nu Colombia to build the foundations to launch, in the future, a market strategy that promotes the financial inclusion of this population through access to digital financial services focused on savings accounts.
The Promises of Digital Bank Accounts for Low-Income Individuals
This study tests the extent to which the promises of digital modes of payment, increased efficiency of transactions, increased financial inclusion, and improvements in the financial well-being of low-income individuals, are fulfilled.