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.
ShEquity Invests in Woman-owned Financial Inclusion Startup Owoafara
The addition of Owoafara illustrates ShEquity’s unrelenting commitment to providing smart investments for African female entrepreneurs and innovators.
Private Asset Impact Fund Report 2022
This publication offers a deep dive into a $84 billion market with a special focus on gender lens investing, as well as fintech and embedded finance strategies.
Check Your Bias! A Field Guide for Lenders
This practical field guide walks executives and data scientists through recommendations for ensuring that revised and new credit scoring methods are not unintentionally excluding women or any other underrepresented group.
Rising Interest Rates, a Strong Dollar and Global Inflation Could Burden MFIs
How will the evolving global macroeconomic situation impact the microfinance sector in emerging markets? Financial inclusion consultant Erik Geurts shared his thoughts on a recent Let's Talk Microfinance podcast.
Goodwell Investments Launches $154 M uMunthu II Fund
The $154 million will finance innovative, scalable, small and medium-sized businesses that improve the access and affordability of basic goods and services for unserved and underserved consumers in Africa.
Quona Capital Sinking $332M Into Startups Focused on Financial Inclusion
The firm had its final close on $332 million in capital commitments for its Fund III, which invests in companies in Latin America, India, Southeast Asia, Africa and the Middle East.
How to Invest With a Gender Lens
While adopting gender-smart strategies is something every investor should strive for - both because it is the right thing to do and because it makes good business sense - there is no straightforward roadmap for how to do it.
IFC Announces $50 M Loan to Caja Arequipa to Promote MSMEs in Peru
The loan will benefit more than 20,000 clients of Caja Arequipa, which will contribute to the development of the most vulnerable sectors of Peru in the context of the economic recovery after the COVID-19 pandemic.
EV Finance Company Mufin Green Raises $5.7 M From Incofin
Through this funding, the company plans to disburse income-generating loans worth INR 5,000 crore in the next five years, resulting in an overall reduction of four million tones of carbon emission, the firm said in a statement on 3 October.