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IFC Promotes Access to Finance for SMEs in Peru With US$50 Million Loan to Mibanco
The International Finance Corporation (IFC), a member of the World Bank Group, disbursed a loan of S/.167.6 million (approximately US$50 million) to Mibanco, the largest microfinance institution in Peru and Latin America, with the aim of increasing financing to small and medium enterprises (SMEs) and low-income sectors of the population, thus helping boost job creation and economic growth.
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Brazilian Doctor Crafts System Hailed As ‘Way Forward’ for Combating Zika
In Brazil, one of the biggest challenges to dealing with the Zika crisis is logistics.
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Zika Mosquitoes Caught in Recycled Tire Trap
A Canadian-led research team has taken a form of trash that promotes the spread of mosquitoes and turned it into a potential weapon against the disease-carrying insects.
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Scientists Say It’s Time To End ‘Parachute Research’
Critics call them "parachute researchers": Scientists from wealthy nations who swoop in when a puzzling disease breaks out in a developing country. They collect specimens, then head straight back home to analyze them. They don't coordinate with people fighting the epidemic on the ground — don't even share their discoveries for months, if ever.
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Could Harvesting Fog Help Solve the World’s Water Crisis?
March 22 markted the first anniversary of an ambitious international collaboration between Dar Si Hmad, a Moroccan N.G.O., and several German partner organizations to bring potable water to the Aït Baâmrane tribal region of southwest Morocco using a technology called CloudFisher.
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Viewpoint: The Next Step for Developing Cuba? Microfinance
All eyes are on Cuba as U.S. President Barack Obama and at least 20 members of Congress descend on Havana today. While members of the delegation differ on the best path forward for U.S.-Cuban relations, everyone hopes for economic development that improves the quality of life for the average Cuban. What are the next steps for development in Cuba? And, how can the international community help Cuba preserve the educational and health gains of the Cuban revolution, while also updating its failing economic model?
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Zika-Carrying Mosquitoes Developing Resistance to Top Insecticide
The advice is right there, on the website of the Centers for Disease Control and Prevention. To avoid contracting Zika, treat your clothing with an insecticide known as permethrin or buy apparel that is already treated with it.
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Venezuela’s Birth Control Crisis
Toilet paper. Diapers. Vitamins. Milk. These are a few of the items Venezuelans can no longer expect to find at their local grocery stores and markets. The scarcity can be traced back to 2014, when oil prices first started to plummet and the economy found itself in dire straits. Venezuela's oil revenue makes up 95 percentof its export earnings, and the slump in oil prices has buried the country in $10 billion of debt.
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- Latin America