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Proparco Makes $15 Million Debt Investment In Indian Microlender
Svatantra provides micro loans to rural women entrepreneurs who run small businesses.
- Categories
- Finance
- Region
- Asia Pacific
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Do Formal Savings Accounts Lead to Better Results for Low-Income Users?: Lessons from Two Customer-Centric Research Studies in Africa
The Savings Learning Lab was a six-year initiative that supported learning among Mastercard Foundation’s savings-focused financial inclusion programs across Africa. Program partners Savings at the Frontier and Scale2Save employed two different research approaches to better understand the impact of formal savings accounts on the lives of low-income people. Jenny Morgan at FinEquity discusses these approaches and the insights they generated, which went beyond access and usage to reveal the nuances of clients' savings preferences and behaviors.
- Categories
- Finance, Impact Assessment
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Western Union, MFS Africa to Enable Money Transfers Across Africa
To enable individuals and businesses across Africa to receive money from over 200 countries and territories, the continent’s largest payment gateway, MFS Africa, has partnered with Western Union.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Report: India’s Woman Entrepreneurs Are More Likely to Get Loans Than Men
The number of women seeking business loans has tripled in the past five years.
- Categories
- Finance
- Region
- Asia Pacific
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YMO Raises €3 Million In Seed Round To Accelerate Financial Inclusion in West Africa
YMO, a financial inclusion solution for African populations has made it its mission to revolutionize technology for money transfers and everyday payments.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Fintech Startup Uplinq Partners with the SME Finance Forum, Managed by the IFC
Uplinq, the first global credit assessment and scoring platform for SMB lenders, today announced a partnership with the SME Finance Forum, a global network aimed at expanding finance to small and medium businesses (SMEs).
- Categories
- Finance
- Region
- Global
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Press Release: IncoFin Reaches Final Close of its India Progress Fund
Investors entrusted USD 77 million of capital to the fund to continue investing in financial inclusion and the agri-food value chain in the Indian rural economy.
- Categories
- Agriculture, Finance
- Region
- Asia Pacific
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Trade Finance Platform Marco Gets $200 Million Line of Credit, Focuses on Latin America – US
Trade finance platform Marco says it has raised $200 million in a line of credit from MidCap Financial and Castlelake.
- Categories
- Finance
- Region
- Latin America
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