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.

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.

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

Lack of a formal IDs slows economic growth by limiting who can participate in the formal economy.

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

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.

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.

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 operates mainly in rural areas and offers access to credit and non-financial services to individuals, particularly women entrepreneurs.