Symbiotics Investments Provides a $10 Million Gender-Focused Bond to Khan Bank in Mongolia
With the issuance of this gender-focused bond, Khan Bank has launched new loan products that are specifically aimed to support productivity, competitiveness and financial access of women entrepreneur clients.
IFC to Help Boost Access to Finance for Smaller Businesses, Women Entrepreneurs in Moldova
The IFC funding to Moldova's leading commercial bank and lender will support the bank's on-lending to micro, small, and medium enterprises (MSMEs), a key pillar of the Moldovan economy.
Telenor to Divest Wave Money, Exit Myanmar Mobile Banking
The sale of the stake for $53 million in cash values Wave Money at $104 million and is set to be finalized in the coming days, according to people close to the deal.
IFC Supports FinComBank to Attract Investments, Driving Growth in Moldova Amid COVID-19
The collaboration will help address the liquidity constraints that micro, small, and medium enterprises are facing in the country, supporting economic stability.
Business Her Own Way: Creating Livelihoods Through Informal Online Commerce
This Focus Note outlines the characteristics of informal online commerce (IOC), maps the personas of the women who engage in it, and provides guidance to funders looking to support women to generate livelihoods through IOC.
Microfinance Clients Facing the COVID-19 Crisis: From Findings to Action for MFIs
This publication presents the main results of MFI client surveys in seven countries (Bhutan, Myanmar, Rwanda, Senegal, Togo, Cape Verde and El Salvador), as well as the concrete measures taken by MFIs to meet the needs expressed by their clients.
Central Bank of Myanmar Issues Remittance Licenses to More Local Companies
City Express Myanmar and Money King were granted remittance licenses on 5 January.
Bank-Genie Partners With Cufa to Roll-Out Digital Banking for Myanmar Credit Unions
The program will enable credit unions to facilitate loan origination, approvals, disbursements, and deposits digitally.
A COVID Microfinance Liquidity Tour of Asia
Cross country data and analysis on different types of microfinance service providers
Microfinance Firms in Myanmar Struggle to Stay Afloat in Second Wave
Government travel restrictions and orders to defer repayments and lower interest rates on loans due to COVID-19 have reduced the ability of Myanmar’s microfinance companies to help rural people who desperately need capital.