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‘We’re Abandoned to Our Own Fate’: Coronavirus Menaces Brazil’s Favelas
As of Thursday, Brazil had 22,169 confirmed Covid-19 cases and 1,123 deaths, although underreporting means numbers are likely tp be much higher. Community leaders, activists and organisers of social projects in favelas in São Paulo, Belém, Rio de Janeiro, Salvador, Manaus, Belo Horizonte and São Luís have been delivering food and hygiene kits to desperate residents as hunger begins to bite.
- Categories
- Coronavirus
- Region
- Latin America
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Coronavirus Could Spark Demand for E-Wallets, Digital Banks in LatAm
The coronavirus outbreak could drive financial inclusion in Latin America, as governments look for agile partners to distribute state aid and large segments of the informal economy grapple with restricted access to cash.
- Categories
- Coronavirus, Finance
- Region
- Latin America
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Brazil Undertakes Massive Tech-Enabled Financial Inclusion Exercise With “Coronavoucher”
Millions of unbanked citizens are receiving the government's emergency financial aid through a mobile app.
- Categories
- Coronavirus, Finance, Technology
- Region
- Latin America
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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
- Uncategorized
- Region
- Latin America
- Tags
- edtech, fintech, startups, venture capital
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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