With the issuance of this gender-focused bond, Khan Bank has launched new loan products that are specifically aimed to support productivity, competitiveness and financial access of women entrepreneur clients.

The IFC funding to Moldova's leading commercial bank and lender will support the bank's on-lending to micro, small, and medium enterprises (MSMEs), a key pillar of the Moldovan economy.

The collaboration will help address the liquidity constraints that micro, small, and medium enterprises are facing in the country, supporting economic stability.

The foundation has announced its disbursal of local-currency loans to Togo-based Assilassimé Solidarite in an amount approximately equivalent to $2.5 million and Agora Microfinance Zambia in an amount approximately equivalent to $1.2 million.

The investment particularly aims to bolster the ability of micro and small enterprises to continue operations in an environment made difficult by the COVID-19 crisis.

The National Fund for Inclusive Finance is putting in place mechanisms to support its partnering microfinance institutions amidst the COVID-19 crisis.