All News and Announcements

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News

Colombian Microfinance Firm MiCreditoYa Microfinanciera SAS Welcomes €1.1M Investment

The €1.1m investment in MiCreditoYa from the ABC Fund will enable MiCreditoYa to expand its loan portfolio, potentially adding 2,500 loans to farmers in Nariño onto its loan book over the next two years.

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Microfinance Solar Loans: For Pakistan, This Can Be a Sustainable Road Ahead

Mobilink Bank is actively promoting climate finance in Pakistan, enabling individual borrowers and SMEs to access financing for solar energy products.

News

The IMF Has Raised the Alarm Bell on Pakistan’s Microfinance Sector. Where Does It Stand?

This concern is not new; the microfinance sector has been grappling with severe challenges for a couple of years. 

News

IFC and Nu Colombia Announce Alliance to Promote Financial Inclusion of Venezuelan Migrants in Colombia

The agreement will allow Nu Colombia to build the foundations to launch, in the future, a market strategy that promotes the financial inclusion of this population through access to digital financial services focused on savings accounts.

News

Egypt-Based Fintech MNT-Halan Acquires Advans Pakistan Microfinance Bank

Advans Pakistan Microfinance Bank Limited, the target of the acquisition, represents the Pakistani branch of the renowned Advans Group, a leading international microfinance group with operations spanning nine developing countries.

News

Ericsson, Telenor Microfinance Bank Strengthen Partnership to Propel Easypaisa Financial Services

Ericsson and Telenor Microfinance Bank have signed a multi-year extension of their partnership to propel easypaisa’s financial services offerings and expand the horizon of their service portfolio within the fintech sector in Pakistan.

News

Symbiotics Investments – Arranged Repack Enables Amundi Asset Management to Invest in BBVA Colombia’s Blue Bond

The issuance of the blue bond gives BBVA Colombia a fresh source of funding to grow their investments in water and marine-related projects

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Visa and Oxfam America to Explore Bringing Pre-Disaster Financial Support to the Philippines, Kenya, Colombia, and Puerto Rico

Visa recently teamed up with Oxfam America to serve as a payments partner in the Philippines, Columbia, Puerto Rico and Kenya.

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UNI2 Microcrédito Receives $3 Million Loan From Triodos Microfinance Fund and Triodos Fair Share Fund

The debt facility provided by Triodos Microfinance Fund and Triodos Fair Share Fund will enable UNI2 to further expand its loan portfolio in post-conflict areas of the country where poverty rates are high.

News

Bancolombia and Terrapay Sign Contract to Strengthen Cross-Border Remittances Across Colombia

As part of their collective commitment to enhance financial inclusion, the two companies will enable seamless cross-border transfers, connecting Colombians living away from home with secure solutions to send funds to their loved ones in Colombia.