MicroBuild will provide significant debt relief to Al Majmoua to help alleviate financial pressures and support the MFI’s ongoing efforts to fulfill its social objectives.

In the first phase, Purpl will only operate their cash out solution, as a technology provider, via the partnerships signed with international digital remittance companies and licensed local cash out partners on the ground in Lebanon.

Haiti's Bank of the Republic is reducing the credit risk of microfinance institutions that will further enable financial institutions to provide more microloans to the small businesses and individuals as the nation examines various long-term recovery options.