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Could China Be a White Knight Again for Latin America?
China helped spare the region from the worst of the 2008-09 financial crisis. But recently, its lending to Latin America has been in decline.
- Categories
- Coronavirus
- Region
- Latin America
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Financial Inclusion: Mexico Plans a Bank-Building Spree
Financial inclusion has long been a problem in Mexico. Less than half of the population has a bank account. The credit-to-GDP ratio is around 34% – stubbornly low relative to comparable countries in Latin America.
- Categories
- Finance
- Region
- Latin America
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Accion, Quona Launch Us$203 Million Fund to Promote Financial Inclusion
This is Quona’s second fund and it has been christened as the Accion Quona Inclusion Fund.
- Categories
- Finance
- Region
- Latin America
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Peru’s Startup Scene Is Ready for More
While it may not be one of the largest countries in Latin America, Peru continues to have one of the best-performing economies and fastest-growing startup scenes.
- Categories
- Entrepreneurship
- Region
- Latin America
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Press Release: Global Partnerships and Acceso El Salvador Announce New Partnership to Further Improve the Opportunities and Incomes of Salvadoran Smallholder Farmers and Fishers Through Expanding Into High-Value Processing
Global Partnerships Social Investment Fund 6.0 issued a $750,000 USD loan to Acceso Oferta Local – Productos de El Salvador (“Acceso El Salvador”). Acceso El Salvador is the leading local agribusiness working with smallholder farmers and fishers to boost agricultural productivity, create job opportunities, and cement long-term market linkages.
- Source
- Press Release
- Categories
- Agriculture, Investing
- Region
- Latin America
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Press Release: Microfinance Provider Esperanza Selects EdApp to Help Educate in the Dominican Republic
Esperanza, in partnership with MoveUp, has announced the deployment of EdApp to transform the way their not-for-profit organisation workforce engages in business training and social support.
- Categories
- Education, Entrepreneurship
- Region
- Latin America
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Press Release: Mexico Digital Bank Stori Raises $10 Million USD and Launches Inclusive Digital Credit Card
Highly concentrated in the super-prime space, the banking industry has underserved the Mexico mass population. Only about 40% of the nearly 130 million population have bank accounts, and less than 15% of consumers have access to bank provided lending. In addition, most banks have not caught up with the digital transformation and are not able to provide a compellingly simple and good customer experience.
- Categories
- Finance
- Region
- Latin America
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Brazil’s Unicorn FinTech EBANX Pilots Digital Wallet
Founded in 2012, EBANX originally processed payments for Brazilian clients of global websites and recently expanded to offer services to Brazilian eCommerce platforms.
- Categories
- Finance
- Region
- Latin America
Parent Organization
