News
ABC Fund Provides $3M to Microfinance Lending Initiatives in Colombia
Source: Crowdfund Insider
The Agri-Business Capital Fund (ABC Fund) recently revealed that it has finalized $3 million loan to Colombia-headquartered Finamiga, which mainly focuses on lending to small farmers as well as independent workers.
As mentioned in the update, the lending brings the Fund’s total number of investments to 23 firms globally, as it continues its goal to address poverty-related issues, enhance the everyday lives and livelihoods of smallholder farmers while increasing opportunities for women and younger individuals.
About this News Item
Published
Latest from Our Blog
View all blog posts
Is There a “Steel Bullet” for Helping Businesses Grow?
Financial diaries which provide microentrepreneurs with tailored business reports are helping them to grow their businesses, showing the power of access to data.
Working to Promote Food Security in Burkina Faso
Claire Lossiané of YIKRI, winner of the 2023 European Microfinance Award, reflects on the MFI’s programs to combat malnutrition.
India’s Digital Divide Threatens the Progress of Financial Inclusion
There are three key challenges that need to be addressed to fulfill the promise of India's much-lauded digital public infrastructure, as mobile phones and internet access remain inaccessible for a significant segment of the population.