All News and Announcements

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News

10 U.S. Credit Union Peers Participate in Credit Union Immersion Journey Across Peru and Ecuador

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.

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Symbiotics Investments Supports Sustainable Agricultural and Climate-Adapted Financing in Ecuador by Arranging a Green Bond for Banco Solidario

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

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Emerging Markets Global Advisory Limited Advises on $10M Debt Raise for Banco D-Miro

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

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Symbiotics Launches $5M Green Bond in Ecuador With FACES

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.

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Symbiotics Launches $14M Social Bond in Ecuador With "Cacpeco"

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

News

Aden Bank for Microfinance Is to Launch Its Operations and Contribute to Achieving Financial Inclusion

The bank will work in partnership with local banks and financial institutions using best practices in microfinance for provision of Islamic banking services, and will apply an integrated system of financial and non-financial services to support value and supply chains for MSMEs.

News

Launching the Pilot Phase of Eamar Microfinance as the First Digital Microfinance Platform in Yemen

The initiative aims to help clients and communities by providing blended financial and non-financial digital services including advisory services, training and more to assure ease of access to e-money and transfers for its customers.

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YCASH Enrolls in New Partnerships with Humanitarian Agencies and Deploys Humanitarian Transfers Platform and a National Digital Wallet

The Humanitarian Transfers Platform enables humanitarian agencies to execute transfers directly to their interventions beneficiaries without a third party.

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YCASH Door to Door Payment Method as a Response for COVID-19 and Humanitarian Context in Yemen

The National Cash Transfer Company piloted the Door to Door Payment method as a response to the new challenging context and a preventive measure for coronavirus-related risks.

News

Remittances Dropped by 80 Percent in Yemen

Cash transfers from Yemenis abroad to their country have declined by 80 percent in the first four months of 2020, Oxfam announced on Thursday.