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Parametric Insurance Instilling Sense of Security in Tonga
The introduction of parametric insurance in Tonga last year is already having a positive impact on the mindset of beneficiaries, as well as the country’s overall financial services ecosystem.
IFC Providing $5 Million to Timor-Leste's Kaebauk Investimentu no Finansas, S.A. to Improve Access to Finance for Farmers, With a Focus on Women
The investment is expected to lead to over 10,000 more people gaining access to finance by 2024, of which over 75 percent will be women.