The $2 billion IFC commitment will support the continent's economic recovery from the pandemic by sustaining and creating jobs and business activity.
The initiative will include the International Dialogue on the Role of Islamic Social Financing in Achieving the SDGs, which will launch critical discussions including with global leaders and Islamic institutions on the role of Islamic social financing.
Mobile Money Adoption Increased During the Pandemic by 4 Percent: Karandaaz Survey on COVID-19’s Impact on Financial Behavior
Survey findings on the impact of COVID-19 on financial behavior show that while financial inclusion in Pakistan increased from 21 percent of adults pre-pandemic to 25 percent in late 2020, the change was driven entirely by mobile money adoption.
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.
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.
Opportunity International Leverages Network Across India to Provide Emergency COVID-19 Relief to Millions
The 50-year-old nonprofit is marshalling its resources to deliver public health education, food supplies and direct medical support to millions in nine of the hardest hit states in India.
The deadline to submit a proposal is Friday 14 May 2021. Don't miss this opportunity to submit a proposal and highlight your organization's work in rural and agricultural development!
The fourth edition of the e-MFP Compass survey builds on the special edition Covid-19 Financial Inclusion Compass published last year to ask how the pandemic has changed stakeholders' roles and priorities.
WWB Capital Partners II is the second gender-lens investment fund established by Women’s World Banking aiming to close the gender gap by investing in high-performing financial service providers that serve low-income women.