In Times of Crisis, Who Holds the Lifeline for Microfinance Institutions and Their Clients?
Youssef Fawaz of the Lebanese MFI Al Majmoua, shares the difficult reality of trying to keep an established institution running while the economy collapses around it.
Habitat for Humanity International Update - MicroBuild Fund
MicroBuild will provide significant debt relief to Al Majmoua to help alleviate financial pressures and support the MFI’s ongoing efforts to fulfill its social objectives.
Fintech Purpl to Democratize Remittances, Support Financial Inclusion Efforts in Lebanon
In the first phase, Purpl will only operate their cash out solution, as a technology provider, via the partnerships signed with international digital remittance companies and licensed local cash out partners on the ground in Lebanon.
IFC Investment to Boost Access to Finance for Farmers, Strengthen Agribusiness in Turkey
This targeted new investment will help address the critical financing needs of Turkey's underserved micro, small, and medium enterprises in the agricultural sector.
Personas of Women Entrepreneurs
Reflections of social norms amongst women Syrian entrepreneurs in Turkey
Impact of Economic and COVID-19 Crises on Microcredit Borrowers
Findings based on quantitative and qualitative research conducted over the phone (questionnaires and in-depth interviews)
GGF and DenizBank Expand Access to Green Finance in Turkey with EUR 25 Million Investment
Senior loan of EUR 25 million to new Green for Growth Fund (GGF) partner to increase uptake of renewable energy, energy efficiency, and resource efficiency measures in the country.
IFC Finances Garanti BBVA to Support Turkish MSMEs Amid the COVID-19 Pandemic
IFC is providing a $50 million senior loan to Garanti BBVA to help micro, small, and medium enterprises weather the effects of the COVID-19 pandemic.