EBRD And Green Climate Fund Join Forces to Boost Climate Finance In Jordan
The investment aims to allocate the loan proceeds towards climate change mitigation and adaptation technologies, focusing on local MSMEs, including women-led enterprises.
Fintech Promotes Financial Inclusion in Bahrain
Bahrain hosts much of the most innovative fintech activity, including wider access to financial services.
Ebdaa Bahrain Microfinance Teams up With MFSYS to Digitize Banking Services
The objective of the partnership is to fully digitize all banking services offered by the company, a significant move to enhance the overall digital experience for Ebdaa's customers.
Bahrain: Mastercard and BIBF Collaborate to Boost Financial Inclusion
Mastercard has joined forces with a renowned training and development organization Bahrain Institute of Banking and Finance to drive financial inclusion in the country and the wider region.
JOHUD, FINCA Jordan for Microfinance Sign MoU on Productive Initiatives
The agreement outlines the cooperation between Jordanian Hashemite Fund for Human Development and FINCA Jordan in financing productive initiatives, small businesses, and projects across the Kingdom through soft loans.
EIB Lends $3M to Microfund for Women (MFW) for Entrepreneurs in Jordan
These loans are intended to support 9,100 people, 90 percent of whom are women, whose livelihoods have been threatened by the effects of the COVID-19 pandemic.
Microloans, Seen as Salvation for Poor Women, Trap Many in Debt
Five years ago, Amira Hawamdeh took out a loan for $423 to buy buttons and yarn to make purses and sweaters, and winter blankets to sell to her neighbors.