Funded by USAID and implemented by WOCCU, the Economic Inclusion Program aims at providing economic opportunities and financial services to assist both Venezuelan migrants and refugees and their host communities.

With the issuance of this green bond, Banco Solidario will enhance sustainable agricultural and climate-adapted financing.

The FINNIX mobile app, which is regulated by the Bank of Thailand, was developed by MONIX and offers microfinance loans through a completely digital process from loan application to approval and disbursement.

The funds will allow Banco D-Miro to continue the expansion of its microcredit lending activities in Ecuador.

With the issuance of this Green Bond, FACES will finance entrepreneurs engaged in sustainable agriculture, animal husbandry and fishery, as well as aquaculture related activities, contributing to the environmentally sustainable management of living natural resources and land use in Ecuador.

The issuance of this Social Bond emphasizes another step in Cacpeco’s social journey that started in 1988 in Latacunga, Cotopaxi, Ecuador.

The investment aims to support a resilient recovery by promoting business growth, creating jobs, and fostering financial inclusion.

Ongoing shifts toward e-commerce, digital payments (including contactless), and instant payments have all been significantly boosted during the pandemic with real-time payments surging by 104 percent.

The Bank of Thailand has been asked to review the ceiling of interest rates and supervise credit cards, personal loans and car loans, as the Thai government has vowed to tackle high household debt, incurred by credit card and personal loans.

Notwithstanding border restrictions, the region’s digital payments ecosystem is growing as countries collaborate to connect their domestic payment systems.