All News and Announcements

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News

Nigeria: Baobab Commits to Affordable Loans in Kano

Baobab Microfinance Bank's operations in Kano would give petty traders access to affordable loans.

News

EBRD Loans $4.4 M to KEP Trust for MSMEs in Kosovo with Focus on Rural, Women-led MSMEs

KEP Trust plans to on-lend the proceeds of the senior, unsecured loan to micro-, small and medium-sized enterprises (MSMEs).

News

Honduras Launches CBDC Consultation for Financial Inclusion

Financial inclusion would be a key objective of the consultation on the potential of a retail central bank digital currency (CBDC) launched by the Central Bank of Honduras.

News

India Commits $2 M As New Partner in Africa Digital Financial Inclusion Facility to Boost Digital Financial Inclusion Across Africa

India's contribution to the Africa Digital Financial Inclusion Facility affirms its commitment to help break down barriers to the growth and uptake of digital financial solutions and accelerate financial inclusion in Africa.

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A Vietnam-Based Startup Gimo Raises $17.1 Million to Bridge Financial Inclusion Gap

The investment will be utilized to fast-track the company's expansion plans and drive innovation across its product portfolio.

News

ADIB Egypt to Launch Egypt’s First Sharia-Compliant Microfinance Firm

The move comes within the framework of the bank’s plans to achieve financial inclusion and boost the sector of micro-sized enterprises in Egypt.

News

Accion Microfinance Bank Bags Three Sterling 2023 Awards

These awards are recognitions and testaments of the Bank's commitment to its mission and vision of transforming and empowering lives and businesses in the most sustainable and ethical manner in Nigeria.

News

FINCA Ventures Finca Ventures Invests in Farmer Livelihoods, Financial Inclusion and Education

FINCA Ventures, the venture arm of the global microfinance institution FINCA, invests in early-stage social enterprises providing essential products and services for low-income people.

News

Incofin India Progress Fund Invests $4.3 Million in Varashakti Housing Finance

The series A funding comes from Incofin India Progress Fund, a private equity fund launched in 2021. As of June 2023, Varashakti Housing Finance offers home loans, home improvement loans, loans against poverty and small ticket business loans.

News

De cada 10 personas en la base de la pirámide, cuatro prefieren ahorrar en efectivo

En Perú, de los clientes nuevos de Bancamía, 90% es vulnerable desde el punto de vista de sus ingresos y 40% accedió a un crédito formal.