Like microlenders in other parts of the world, the company aims to democratize access to modern financial services, in order to promote financial inclusion.

Credo will use the funds to on-lend primarily as working capital for people living in rural areas, with the aim of lessening the impacts COVID-19 has had on food production and the country’s agricultural sector.

In a rare instance of COVID-19 helping a country’ s economy, Pakistan saw a significant uptick in remittances from nationals working overseas in July.

More than an estimated 5,000 women are expected to directly benefit from a new initiative led by Ghazanfar Bank, one of Afghanistan’s leading commercial banks.

SEEP recognizes the value individuals can derive from and bring to the SEEP Network and want you to play a part in peer-to-peer learning, experimenting with new approaches, collaborating on critical issues, and shared vision.

Singapore residents are increasingly adopting digital payments due to the COVID-19 pandemic, according to a GlobalData report.

Bangladesh's financial sector will have to adopt new technologies and services in the post-COVID-19 period for the lenders to move their operations online and address the recent challenges faced by the industry.

Through a network of 23 branches and 63 active agents across the country, FINCA Malawi serves more than 70,000 clients offering individual and group loans, savings and insurance products specifically designed for low-income entrepreneurs.

Asia Pacific, which accounts for a third of the global migrant workforce, is likely to face remittance losses of $31.4-54.3 billion due to the coronavirus pandemic, the Asian Development Bank (ADB) said in a report.