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IFC Boosts Financial Access for SMEs in Colombia With New Loan to Banco Pichincha
IFC, a member of the World Bank Group, strengthened its support to Colombia’s small and medium sized enterprises (SMEs) with a new US$80 million loan to Banco Pichincha, a bank that strives to sharply boost its lending to Colombian SMEs and low-income students.
- Categories
- Uncategorized
- Region
- Latin America
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Latin America’s Informal Recyclers Push for Recognition and Protection on International Waste Pickers’ Day
You may not know it, but in Latin America and the Caribbean alone, around 4 million people making their living as waste pickers, according to figures from the Regional Initiative for Inclusive Recycling (IRR). Every day, these men and women collect, select, retrieve and sell solid waste from primary sources, which could be private homes, commercial or industrial sites, or even collection centers such as landfills.
- Categories
- Health Care
- Region
- Latin America
- Tags
- waste
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PayPal plans Latin America growth with América Móvil alliance
PayPal is teaming up with Mexican telecommunications giant América Móvil as it looks to expand in Latin America.
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- Uncategorized
- Region
- Latin America
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Chennai Entrepreneur Sells Meds In Latin America
"I took the risk of going to places where most people fear to go,” said C.C. Paarthipan, founder of Caplin Point Labs.
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- Health Care
- Region
- Latin America
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Bitcoin to the Rescue in Venezuela?
Venezuela may not have much milk or toilet paper these days, but it does boast some of the latest cutting edge financial technologies. Bitcoin, the virtual currency system that sidesteps traditional banking intermediaries to conduct financial transactions, is increasingly becoming the payment method of choice for a group of Venezuelan entrepreneurs. Is this a vote of confidence for virtual currencies in developing countries? Or desperate times breeding financial innovation in a crumbling economy? Perhaps a bit of both.
- Categories
- Technology
- Region
- Latin America
- Tags
- fintech
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Peruvian Banks and Telcos Launch National Mobile Money Network
Five years in the making, Peru has launched a national mobile money network, with the aim of drawing five million of the country's unbanked into the formal banking system.
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- Technology
- Region
- Latin America
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Viewpoint: Gene Drives Need Global Policing
Medical and biological research is being transformed by a powerful new form of genetic editing, known by the acronym Crispr. Based on a naturally-occurring system in bacteria, Crispr enables scientists to precisely alter the genetic code of any organism they can lay their hands on – humans included.
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- Health Care, Technology
- Region
- Latin America
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We Have the Technology to Destroy All Zika Mosquitoes
A controversial genetic technology able to wipe out the mosquito carrying the Zika virus will be available within months, scientists say.
- Categories
- Health Care, Technology
- Region
- Latin America
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