This week IFAD launched  the Platform for Remittances, Investment and Migrants’ Entrepreneurship (PRIME) Central Asia Initiative in Kazakhstan, the Kyrgyz Republic, Tajikistan, and Uzbekistan.

Under the partnership, IFC has loaned $5 million to CRDB Bank Burundi S.A. for on-lending to smaller businesses, many of which struggle to access financing for growth, especially in the wake of the COVID-19 pandemic.

FINCA Impact Finance, a US-based network of financial institutions, recently carried out several campaigns catering to low-income people through its affiliates in Africa and Asia.