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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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Brazilian Startup Nagro Raises $49 Million
In total, Nagro has granted over $60M in credit to more than 5,000 rural producers and farmers.
- Categories
- Investing, Technology
- Region
- Latin 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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Ugandan Fintech Asaak Acquires Flexclub Mexico as It Expands to Latin America
Asaak joins Nigeria’s Paga as one of the few African tech companies to expand to Latin America.
- Categories
- Finance, Technology
- Region
- Global
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Press Release: Biden-Harris Administration Invests $266 Million to Help Rural Business Owners, Farmers and Ranchers Lower Energy Costs, Generate Income, and Expand Operations, as Part of Investing in America Agenda
USDA is investing $266 million in 1,334 renewable energy and energy-efficiency projects in 47 states, Guam and Puerto Rico.
- Categories
- Agriculture, Energy, Technology
- Region
- North America
- Tags
- employment, lending, MSMEs, renewable energy, solar
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BII and FMO Unveil $40 Million Commitment to Dashen Bank, Supporting Ethiopia’s Financial Sector
The innovative facility enables a progressive local bank to expand lending to exporters.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Yunus Was Right — Credit is Indeed a Human Right, and Savings is Important Too: Why the Microfinance Sector Must Avoid the ‘Circular Firing Squad’ and Promote Multiple Approaches to Financial Inclusion
Alex Counts, financial inclusion pioneer and founder of Grameen Foundation, took issue with Jeffrey Ashe’s recent NextBillion article, “Yunus Was Wrong—Savings, Not Credit, is a Human Right.” He argues that, instead of seeing the world through an “either/or” lens, the financial inclusion sector should embrace multiple tools, including credit, savings, insurance and more — and he urges today's changemakers to avoid promoting one social innovation at the expense of others.
- Categories
- Finance, Social Enterprise
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