IFC Partners With Evocabank to Support Smaller Businesses, Boost Resilience and Drive Recovery in Armenia
Even before the COVID-19 crisis, access to finance was the biggest obstacle for doing business in Armenia. Has it increased following the pandemic?
Sao Tome and Principe: World Bank Boosts Improvements in the Banking System, Access to Finance
This $7 million financing for the ongoing Institutional Capacity Building Project will help scale-up activities with the Central Bank of Sao Tome and Principe and support system modernizations as part of the COVID-19 mitigation response.
Survey Report on Fintech for MSME Access to Financing
This survey report provides insights on the regulatory landscape of the usage of fintech to increase access to financing for MSMEs and the overall promotion of financial inclusion.
Fintech and Financial Inclusion: A Funders' Guide to Greater Impact
This practical guide, based on two years of global research, describes how development funders can identify promising fintechs and maximize their impact.
IFC Supports ProducePay to Improve Mexican Farmers' Access to Finance and Global Supply Chains
The investment will help reduce traditional banking costs and improve supply chains boosting financial access, productivity and exports.
Symbiotics Launches the First Sustainability Bond in Georgia With MFO Crystal for $5 M
The proceeds of the Sustainability Bond will be used to finance both Social and Green eligible loans. The Social loans will be granted towards microenterprises and SMEs, stimulating the generation of employment in the country.
Investing in Agricultural Finance During COVID-19
A case study on access to capital for early-stage entrepreneurs in agricultural value chains
Symbiotics Launches Tameo, an Independent Spin-off Focusing on Enhancing Impact Funds With Support Services
The new company offers reference products to impact investors and fund managers, centered around research, impact and investment solutions.
Former Hong Kong Bourse Chief LI Plans New Microfinance Platform in 2021
Li told Reuters in an interview that in “traditional finance” investing in SMEs was rarely worthwhile for global institutions as the due diligence was difficult, risks were high and funding amounts small.
IFC, SANAD, BIO, Symbiotics Announce Loan to KCB Bank Kenya for Green Projects, SMEs
The loan aims to help the bank increase lending for climate-friendly projects and to smaller businesses, especially those owned by women.