Symbiotics Investments Closed the First Local Currency Transaction in Pakistan With Kashf Foundation
Symbiotics Investments' loan represents the first-ever local currency loan by any international institution in the microfinance sector of Pakistan.
IFC and National Bank of Samoa to Boost SME Finance to Support Entrepreneurs and Create Jobs
International Finance Corporation will invest up to $4 million equivalent in Samoan Tala to boost access to finance for small and medium enterprises particularly women-led businesses and SMEs focused on agriculture.
FMO and Finnfund Back SATYA MicroCapital With $35M to Make Formal Finance More Accessible to Women in India
The funds have been earmarked to fund women and youth financing, thereby promoting gender equality and female empowerment.
Egypt: Reefy Microfinance Raises $6.5 M to Expand MSME Loan Portfolio
The financial backing aims to enable the microfinance institution to support more SMEs in a context marked by economic challenges in Egypt.
IFC and Philippine Central Bank Pave the Way for Banking Transformation With Launch of Open Finance PH Pilot
This initiative aims to help the unbanked—particularly those who lack documentation—build a financial profile and credit history and, over time, access loans and other services that were once out of reach.
Mi-Bospo of Bosnia and Herzegovina Borrowing $2.2M From Grameen Credit Agricole Foundation for Microfinance Lending
Mi-Bospo operates mainly in rural areas and offers access to credit and non-financial services to individuals, particularly women entrepreneurs.
Swiss Impact Investor responsAbility Raises $106M for Climate-Smart Agriculture and Food Fund
This investment solution aims to provide long-term financing to innovative agribusinesses with the goal of mitigating climate change, reducing food loss and promoting climate change resilience in their value chains.
ILO and UNCDF Collaborate to Grow Parametric Insurance in the Pacific
This new partnership aims to build the capacity of insurers and distribution channels on disaster risk reduction and climate change adaptation.
Dock Launches Responsible Credit Solutions to Empower Financial Inclusion
Dock, an innovator in payments and digital finance infrastructure across Latin America, will provide a range of options to make credit offerings more flexible, clear and understandable for consumers.
CARE Expands Its Women’s Economic Justice Leadership Team
Wellington Pak and Kim Brearley join CARE USA Women’s Economic Justice (WEJ) team, furthering its mission to help women save, earn and invest.