The Female Entrepreneurship Fund is a specialized investment vehicle that channels resources from institutional investors to support women entrepreneurs in the Central American Integration System (Sica) region.

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.

Paymentology, the leading global issuer-processor, today announces an expanded partnership with Mastercard to bolster financial inclusion across Guatemala, Honduras, and El Salvador.

Financial inclusion would be a key objective of the consultation on the potential of a retail central bank digital currency (CBDC) launched by the Central Bank of Honduras.

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

The commitments are part of Mastercard’s engagement, as a founding member, in the Partnership for Central America.

A senior loan of EUR 5 million will be on-lent by the bank to businesses that want to implement energy efficiency and resource efficiency measures, as well as small scale renewable energy projects.