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.
IFC and Ministry of Justice Join Hands to Improve Insolvency Laws in Kosovo, Boost Lending
The initiative, known as the Debt Resolution Project, is expected to create a safety net for businesses and investors, improving access to credit, especially for small and medium enterprises.
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.
IFC and TEB Expand Partnership to Support Kosovo’s Women-Owned and Agribusiness SMEs
The facility has been provided under IFC’s Small Loan Guarantee Program (SLGP), a programmatic approach to risk-sharing that aims to strengthen the capacity of financial institutions to finance SMEs in low-income countries.
EBRD Loans $4.4 M to KEP Trust for MSMEs in Kosovo with Focus on Rural, Women-led MSMEs
KEP Trust plans to on-lend the proceeds of the senior, unsecured loan to micro-, small and medium-sized enterprises (MSMEs).
Advancing the Modernization and Integration of Payment Systems in the Western Balkans
With support from the World Bank, the Western Balkan economies are making significant progress in aligning their national payment systems with EU standards as part of their accession goals.