10 U.S. Credit Union Peers Participate in Credit Union Immersion Journey Across Peru and Ecuador
Funded by USAID and implemented by WOCCU, the Economic Inclusion Program aims at providing economic opportunities and financial services to assist both Venezuelan migrants and refugees and their host communities.
Symbiotics Investments Supports Sustainable Agricultural and Climate-Adapted Financing in Ecuador by Arranging a Green Bond for Banco Solidario
With the issuance of this green bond, Banco Solidario will enhance sustainable agricultural and climate-adapted financing.
Emerging Markets Global Advisory Limited Advises on $10M Debt Raise for Banco D-Miro
The funds will allow Banco D-Miro to continue the expansion of its microcredit lending activities in Ecuador.
Symbiotics Launches $5M Green Bond in Ecuador With FACES
With the issuance of this Green Bond, FACES will finance entrepreneurs engaged in sustainable agriculture, animal husbandry and fishery, as well as aquaculture related activities, contributing to the environmentally sustainable management of living natural resources and land use in Ecuador.
Symbiotics Launches $14M Social Bond in Ecuador With "Cacpeco"
The issuance of this Social Bond emphasizes another step in Cacpeco’s social journey that started in 1988 in Latacunga, Cotopaxi, Ecuador.
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.
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.
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.
COVID-19 Is Boosting Fintech and Mobile Money in Myanmar, but What’s Next?
Where does Myanmar’s fintech industry stand after its first decade?