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Faulu Microfinance Bank Targets Farmers with Sh1.5 Billion Loan in Kenya
Rising input prices, climate change and limited market access have left farmers struggling to meet planting expenses.
- Categories
- Agriculture, Environment, Finance
- Region
- Sub-Saharan Africa
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How Inclusive Finance Can Address the World’s Most Fundamental Challenge: Food Security, Nutrition and the European Microfinance Award 2023
According to the World Food Programme, the world is facing “a food crisis of unprecedented proportions.” Joana Afonso, Sam Mendelson, Fernando Naranjo Galindo and Daniel Rozas at the European Microfinance Platform (e-MFP) explore the multiple drivers and dimensions of food insecurity, and explain why the financial inclusion sector is uniquely placed to address it. They share how the e-MFP's European Microfinance Award 2023 is promoting innovative solutions to the crisis through its focus on “Inclusive Finance for Food Security & Nutrition.”
- Categories
- Agriculture, Finance
-
Nigerian Credit-Led Fintech FairMoney Acquires PayForce in Retail-Merchant Banking Play
Nigerian credit-led digital banking platform FairMoney has acquired PayForce (sub-brand of YC-backed CrowdForce).
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech, MSMEs
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Bringing Agricultural Insurance to Climate-Vulnerable Farmers: A Unique Pilot Program in Nepal Shows How to Unlock the Benefits of Index-Based Insurance for Smallholders
Nepal's topography and climatic conditions make it uniquely prone to natural disasters. As Maria Perdomo at UNCDF explains, these disasters threaten the country's economic development, and smallholder farmers and rural women are disproportionately affected. She discusses a UNCDF pilot program that brought agricultural insurance coverage to Nepali smallholders, and shares learnings from the program that could inform efforts to deliver insurance to farmers in other climate-vulnerable countries in Asia and beyond.
- Categories
- Agriculture, Environment, Finance
-
Mirova Raises $171 Million at First Closing of Gigaton Fund 1 To Support Clean Energy Transition in Emerging Markets
Blended finance debt fund aims to accelerate clean energy transition in emerging markets.
- Categories
- Finance
- Region
- Global
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India Plans To Sell Green Bonds Worth $3 Billion By March 2024
India’s central bank is expected to raise $3 billion through the sale of green bonds over the next 12 months.
- Region
- Asia Pacific
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Analysis: How US Bank SVB’s Failure Could Impact Latin America
Tightening credit conditions resulting from the collapse of Silicon Valley Bank (SVB) could restrict financing in emerging market economies such as Latin America.
- Categories
- Finance
- Region
- Latin America
- Tags
- digital finance, failure
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India’s Anti-Money Laundering Laws Will Now Apply to Crypto Transactions
India's cryptocurrency exchanges will have to report suspicious activity to the government's Financial Intelligence Unit.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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