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News

Burkinabé Communities Use Performance-Based Grants to Invest in Climate-Resilient Agriculture and Water

The UNCDF designed the Local Climate Adaptive Living Facility (LoCAL) to help strengthen the resilience of vulnerable communities such as Saponé in the Centre-Sud Region, Loumbila in the Plateau-Central Region and Pabré in the Centre Region of Burkina Faso. 

News

Grameen Foundation Grants a First Loan to the Microfinance Institution Baobab in Burkina Faso

Through its subsidiaries, Baobab provides financial services to half a million microentrepreneurs and small businesses, thus allowing access to financing to people who are not currently supported by traditional banks.

News

EIB Backs Palestinian Startups With a $50 Million Line of Credit to Bank of Palestine

The European Investment Bank (EIB) extended a $50 million line of credit to Bank of Palestine to support the resilience of the Palestinian private sector through on-lending to local SMEs, as part of Team Europe’s overall response to the Covid-19 crisis.

News

SANAD and Vitas Eexpand Access to Finance for MSEs and Low-Income Households in the West Bank and Gaza

This was a top-up loan of $4 million to support microfinance sector during challenging environment brought about by COVID-19 crisis.