Monday
August 5
2024

ABC Fund Invests €1.1 Million in Colombia’s MiCreditoYa Microfinanciera SAS

Access to finance remains a significant challenge in many parts of the world, particularly in rural areas where traditional banking services are often scarce. In Colombia, this issue is pronounced in the agricultural sectors of rural regions, where smallholder farmers and rural entrepreneurs struggle to secure the necessary funds to grow their businesses and improve their livelihoods.

Photo courtesy of Michael Callaghan.

Source: Finextra (link opens in a new window)

Categories
Agriculture, Investing
Tags
microfinance, rural development, smallholder farmers