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Citi Grants $6 Million in Debt to Colombian Fintech Sempli
This transaction falls under the Scaling Enterprise program, backed by the U.S. International Development Finance Corporation (DFC) and the Ford Foundation.
- Categories
- Finance, Technology
- Region
- Latin America
- Tags
- financial inclusion, fintech, lending, MSMEs
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Using AI to Transform Impact Measurement: Overcoming Language Barriers in Global Development Research
Language and cultural barriers often create a “listening divide” between the providers and beneficiaries of global development programs. According to Daryl Collins and Pravarakya Reddy Battula at Decodis, these barriers make it difficult to develop effective anti-poverty solutions — and artificial intelligence (AI) can play a key role in addressing them. They discuss how Decodis is using AI technology to facilitate survey data collection and analysis in its poverty alleviation research, and highlight the role human intelligence must still play in guiding these efforts.
- Categories
- Technology
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Brazilian Payments Firm, EBANX, Expands into 8 New African Countries
Besides Africa, the fintech firm also revealed its plans for further expansion across Latin America and the Caribbean.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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UN- Kenya has Allocated $134 Million to Improve Farmers’ Access
The facility will feature a rural credit guarantee system that will help reduce the perceived and real risks associated with agricultural value chain lending.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Press Release: Kiva Announces Global Commitments for Women and Refugees at Clinton Global Initiative 2023 Meeting
Kiva’s initiatives will improve the lives of over half a million women and refugees and expand critical partner network for greater financial inclusion.
- Categories
- Investing, Social Enterprise
- Region
- Global
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Press Release: Financial Health Pulse 2023: Share of Financially Vulnerable Americans Grows to 17% of Population, Climbing to Pre-Pandemic Levels
Largest Pulse data collection finds growing financial health inequities based on race, ethnicity, and age.
- Categories
- Finance, Technology
- Region
- North America
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Paymentology and Nelo Partner to Boost Financial Inclusion in Mexico
The partnership will encompass support for Nelo’s Mastercard for in-person payments via Google Wallet.
- Categories
- Finance, Technology
- Region
- Latin America
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US International DFC Approves $20 Million for Ummeed Housing Finance
The project is expected to create a positive impact in Tier 2, 3 & 4 cities of India by improving access to institutionalized credit through affordable housing finance.
- Categories
- Finance
- Region
- Asia Pacific
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