IFC’s First Investment in Banco Atlas to Support SMEs and Women-Led SMEs in Paraguay
The investment will directly support IFC priorities in Paraguay, fostering private investment and competition; encouraging economic formalization through financial resources for local businesses; and directing capital toward solutions that drive gender equality.
IFC Financing of up to $100 M to Sudameris Supports the Expansion of Access to Credit for SMEs in Paraguay, with a Focus on Women-owned Enterprises
The loan will increase access to finance for small and medium enterprises (SMEs) in Paraguay, which in turn will have a positive impact on job creation and the economic recovery from the effects caused by the COVID-19 pandemic and climate change.
Mastercard And GCS International Strengthen Their Alliance to Build Financial Inclusion In Jamaica
The partnership will strengthen the economic growth potential in the Caribbean, providing the underserved population with a simple and secure real-time payment solution.
Jamaica Plans to Launch Central Bank Digital Currency in 2022
The government views the accelerated transition to a digital society and economy as vital to economic recovery following the COVID-19 pandemic.