Why Sistema.bio Decided to Forego MFI Partnerships
After considering partnering with MFIs for a new asset-based financing program, the biogas system producer realized they'd be better off creating their own program. Here they share their experiences and lessons learned.
More Than Just a House: Building Sustainable Homes for Rural Communities in Mexico
Interview with European Microfinance Award winner, Cooperativa de Ahorro y Préstamo Tosepantomin, about their sustainable housing program for rural indigenous communities.
Incentives for Small Retailers to Climb the Modernization and Digitization Ladder
Lessons from traditional small-scale shopkeepers in Mexico on finding incentives beyond business education and cash provision
IFC Provides $116.5 Million in Financing to BBVA Leasing to Support Small Businesses in Mexico
The transaction will help the company expand its product offerings to small and medium enterprises (SMEs) and is designed to support the economic recovery from the COVID-19 health crisis.
Mexicans in U.S. Sent Record Remittances Despite Covid-19 Pandemic
Unexpected surge in amounts forwarded home shows resilience in U.S. construction and agriculture.
New IFC Initiative Helps Banks in Mexico, Philippines, South Africa, Egypt Scale Climate Finance
The program is designed to increase climate lending by participating banks in Egypt, Mexico, the Philippines, and South Africa to 30 percent of their portfolios by 2030.
Whale Cloud and Ant Group Join Force With Toka Fintech to Expand Inclusive Financial Services
The partnership will help Toka Fintech, a Mexican-leading financial group, to develop its own digital payment app with Alipay+ Digital Wallet Solution, providing Mexicans with better access to inclusive financial services.
Galileo Is Going in for the Mexican Fintech Market, Partnering With Klar
Galileo, like many financial businesses from abroad, sees potential in this country’s market.
Remittances to Mexico Hit Third Highest Level on Record in July
Remittances sent to Mexico, a major support for the Mexican economy and in particular for low-income families, continued its historic 2020 run and rose in July to the third highest level on record.
IFC Is Ready to Invest up to $2 Billion Pesos in ABL Trust Mexico to Promote SMEs Recovery
This investment is the first of five proposed commitments to ABL Trust Mexico that could reach a total of $2 billion pesos in the next three to five years.