NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

MicroVest has announced an investment of $3.4 million in Financiera Finexpar, the largest non-banking, deposit-taking financial institution in Paraguay. The investment aims to enhance access to financing for agricultural and livestock Small and Medium Enterprises (SMEs) in the country, helping Finexpar to expand its lending capabilities and serve a larger number of underserved SMEs.

Photo courtesy of Michael Callaghan.