All News and Announcements
IFC’s $56-Million Investment in Global IME Bank to Bolster Gender and Climate Financing in Nepal
The aim of the investment is to boost competitiveness in the small and medium enterprise finance market while also improving financial inclusion, creating jobs, and supporting the nation's climate goals.
Incofin Raises Growth Capital From New Shareholders DPAM and Korys
The capital Incofin raised from the new shareholders will boost the company’s capacity to launch new initiatives, including funds integrating a smart climate and gender lens.
Symbiotics Investments Issued a $7.5 M Green Loan With AMK Microfinance Institution Plc in Cambodia
Cambodia's AMK Microfinance Institution Plc raises a $7.5 million green loan to broaden its green initiatives by introducing renewable energy sources, implementing energy efficiency projects, and developing eco-friendly and circular economy products.
EV Finance Company Mufin Green Raises $5.7 M From Incofin
Through this funding, the company plans to disburse income-generating loans worth INR 5,000 crore in the next five years, resulting in an overall reduction of four million tones of carbon emission, the firm said in a statement on 3 October.
Symbiotics Launches First 100% Agricultural Green Bond in India with Samunnati
Symbiotics has arranged with Samunnati Financial Intermediation & Services Private Limited (“Samunnati”) its first Green Bond whereby the proceeds of $4.6 million in local currency equivalent are fully allocated towards climate smart agriculture.
Symbiotics Launches the First Sustainability Bond in Georgia With MFO Crystal for $5 M
The proceeds of the Sustainability Bond will be used to finance both Social and Green eligible loans. The Social loans will be granted towards microenterprises and SMEs, stimulating the generation of employment in the country.