Showing 1 - 10 of 19 results
COVID-19: FNFI Backs Nine Microfinance Institutions
The National Fund for Inclusive Finance is putting in place mechanisms to support its partnering microfinance institutions amidst the COVID-19 crisis.
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.
Grameen Credit Agricole Foundation Lends $3.7M to Assilassimé Solidarite of Togo, Agora Microfinance Zambia
The foundation has announced its disbursal of local-currency loans to Togo-based Assilassimé Solidarite in an amount approximately equivalent to $2.5 million and Agora Microfinance Zambia in an amount approximately equivalent to $1.2 million.
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.