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Cambodia Microfinance Association Members Have Restructured $1.4 Billion in Loans During the Pandemic
Financial institutions that are members of the Cambodia Microfinance Association (CMA) restructured some $1.397 billion in loans for 289,422 borrowers as of February 28 since the National Bank of Cambodia (NBC) on March 27 issued a circular on loan restructuring during Covid-19, according to CMA.
- Categories
- Coronavirus, Finance
- Region
- South Asia
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Food Security and COVID-19: Recognizing Women’s Leadership
“Food security exists when all people, at all times, have physical and economic access to sufficient, safe and nutritious food that meets their dietary needs and food preferences for an active and healthy life” – this recognition was a central focus of the 1996 World Food Summit.
- Categories
- Agriculture, Coronavirus
- Region
- Sub-Saharan Africa
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Press Release: Kinara Capital Secures 7 Million From IIX’s Women’s Livelihood Bond Series for HerVikas Discounted Loan Program for Women Entrepreneurs
Kinara Capital, a leading socially responsible fintech driving MSME financial inclusion, today announced securing INR 52 crores from Impact Investment Exchange (IIX) for the advancement of women entrepreneurs in India.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- financial inclusion, MSMEs
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Analysis: Coronavirus Pandemic Spawns Nigeria Banking Agent Boom
When Lagos imposed a lockdown last year, Nigerian civil servant Ruth Oladimeji saw a way to earn extra money. With people unable to visit banks due to the coronavirus pandemic, she became an agent providing local banking services.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Minu, a Mexico City-Based, Pay-on-Demand Startup, Lands a $14 Million Series A
Many of the startups raising capital in Mexico are focused on financial inclusion, aiming to level the playing field in a country that is largely unbanked and has a burgeoning middle class.
- Categories
- Finance, Technology
- Region
- Latin America
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Provivi Gets $10 Million From Gates Foundation for Insect Control
The crop protection start-up Provivi has received a $10 million investment from the Bill & Melinda Gates Foundation to produce pheromone-based insect control technology for smallholder farmers in developing countries.
- Categories
- Agriculture, Technology
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Press Release: Efficient Motors Deliver 30% Reduction in Net Solar Energy System Costs, a New Efficiency for Access Report Finds
A new report from Efficiency for Access offers the first comprehensive analysis of efficient motor applications in off-grid and weak grid appliance markets.
- Categories
- Energy, Technology
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Alorica Shares Corporate Social Responsibility Momentum, Including $6.5 Million Employee-Driven Donation Milestone
Alorica is a U.S. minority-owned business enterprise (MBE) and the largest minority-owned BPO company in the world.
- Categories
- Investing
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