Global Development Finance Coalition Commits Over $5.5 B for Micro, Small & Medium Enterprises (MSME) Financing in Africa
The coalition said it had exceeded its initial target by 40 percent, while development finance institutions jointly committed over $5.55 billion of financing of MSMEs in Africa over the period.
Lipa Payments Supports Financial Inclusion in Africa With Digital Payments
The company aims to solve the problem of informal areas not having access to payments systems in the digital age.
Citi Continues to Bolster its Focus on Financial Inclusion by Eliminating Overdraft Fees
Citi will be the only top five U.S. bank to completely eliminate these fees, representing its continued commitment as a top leader in banking to increase financial inclusion in underserved communities.
Mercy Corps, LAPO Microfinance Bank Sign 200 M Empowerment Scheme in Nigeria
The scheme is designed to make credit facilities accessible to 90,000 low-income households comprising smallholder farmers and microenterprises in Northeast states of the country.
Discover the EMW2021 Conference Report
Delve into the extensive summaries and full recordings of the EMW2021 sessions covering key topics such as climate change and green finance, social performance, digital financial inclusion, access to health care, impact of and response to COVID-19, women's financial inclusion, client protection and more.
IFC’s First Investment in an NBFI in the Philippines to Support Women-Owned Small Businesses, Drive Post-COVID Recovery
The funding will allow Esquire, a market leader in the unsecured small and medium enterprises loan segment, to grow its loan portfolio and better serve women-owned SMEs during and after the global pandemic.
FICO Launches FICO® Score 4 Suite to Broaden Financial Inclusion in Mexico
The new score models can help lenders, insurers, and service providers in Mexico extend access to credit to an additional 8 million eligible consumers.
Kamel Pay and Mastercard Launch New Card Propositions to Drive Financial Inclusion in the UAE
The partnership will see the launch of two unique card products designed to meet the growing needs of businesses and underbanked individuals, supported by a feature-rich digital app powered by Mastercard’s secure, contactless payment technology.
Take Part in e-MFP’s Financial Inclusion Compass Survey; Now Open Until 7 June
The survey is available in English, Spanish and French, and like last year, the final publication will be produced in all three languages as well.
ABC Fund Provides $3M to Microfinance Lending Initiatives in Colombia
The lending brings the Fund’s total number of investments to 23 firms globally, as it continues its goal to enhance the everyday lives and livelihoods of smallholder farmers while increasing opportunities for women and younger individuals.