IFC Invests $150 Million in TBC Bank to Boost SME and Climate Financing in Georgia
IFC's financing is expected to help TBC Bank further grow its SME and climate finance portfolios. In addition, the project will help strengthen Georgia's climate finance market by promoting best practices in sustainable lending.
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.
Microcredit Helps Ukrainian Refugees Start Businesses in Georgia
Since launching in 2022, the program for Ukrainians, which includes business mentoring services in addition to micro-finance, has helped over 30 Ukrainian entrepreneurs to support themselves and other refugees.
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.
Georgia Boosts Financial Inclusion, Transparency With EU, World Bank
The reforms are expected to benefit both individuals and companies through increased access to financial products such as credit and digital payments, as well as improved consumer protection supervision.
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.
Symbiotics Launches the First Sustainability Bond in Georgia With MFO Crystal for $5 M
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.
EFSE and BasisBank to Provide Crucial Financing to Georgia’s Small Businesses
EUR 4.2 million to help sustain micro and small enterprises during difficult environment of COVID-19 crisis.