All News and Announcements
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.
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.
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.
Digital IDs Support Financial Inclusion in PNG, Govt Services in Cyprus, Bosnia, Barbados
Lack of a formal IDs slows economic growth by limiting who can participate in the formal economy.
Advancing the Modernization and Integration of Payment Systems in the Western Balkans
With support from the World Bank, the Western Balkan economies are making significant progress in aligning their national payment systems with EU standards as part of their accession goals.
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.
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.
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.
Davivienda and IFC Close $300 M Agreement to Promote Gender Inclusion and Sustainability in Colombia
Banco Davivienda and the International Finance Corporation announced the closing of a financing agreement for $300 million to promote gender inclusion and sustainability in Colombia.
Mi-Bospo of Bosnia and Herzegovina Borrowing $2.2M From Grameen Credit Agricole Foundation for Microfinance Lending
Mi-Bospo operates mainly in rural areas and offers access to credit and non-financial services to individuals, particularly women entrepreneurs.