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News

Call for Papers Open Now: Seventh European Research Conference on Microfinance, Glasgow, June 2022

​The Glasgow edition will be focused on microfinance research priorities that are aligned with the United Nations Sustainable Development Goals to shape and create the post-pandemic microfinance research agenda.

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Symbiotics Launches $14M Social Bond in Ecuador With "Cacpeco"

The issuance of this Social Bond emphasizes another step in Cacpeco’s social journey that started in 1988 in Latacunga, Cotopaxi, Ecuador.

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Cambodia: NBC’s Bakong Wins Nikkei Award for Financial Inclusion

The world’s biggest financial newspaper selected Bakong “for its innovative technology and impact on the country’s economic and social development.

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Combating High Fintech Costs for Better Financial Inclusion

A breakthrough in risk management is needed through adequate information support by the Financial Services Authority.

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Sri Lanka’s Alliance Finance Gets $5M From EMF Microfinance Fund

The $5 million loan from EMF Microfinance Fund AGmvK will be used for on-lending to micro, small and medium enterprises.

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Telenor to Divest Wave Money, Exit Myanmar Mobile Banking

The sale of the stake for $53 million in cash values Wave Money at $104 million and is set to be finalized in the coming days, according to people close to the deal.

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Spain: The Second Largest International Provider of Private Philanthropy for Development, Mostly Thanks to the BBVAMF – OECD

According to the latest data published by the OECD, Spain is globally the second contributor to development through philanthropic funding.

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Ending 2021 Strong: Tugende Closes $17M in Additional Debt Investment

The new investments include a $5M local currency facility for Uganda from Nordic Microfinance Initiative (NMI), $6M from existing lender Symbiotics, and $1M from crowdfunding platform Lendahand, all to support growth in Uganda.

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IFC, BOA Kenya Partner to Expand Lending to Small Businesses in Kenya

Through the partnership, IFC will enter a risk-sharing facility with BOA Kenya that will help the bank scale up lending to small and medium-sized enterprises.

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Symbiotics Launches $15 Million Green Bond for Greenlight Planet

Greenlight Planet will use the proceeds of the Green Bond to finance supplier advances, inventory and customer lease structures for pay-as-you-go solar home systems.