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Miller Center Capital and Beneficial Returns Support Grupo Murlota’s Expansion to Boost Rural Livelihoods in Mexico
The funding, in partnership with impact investment manager Beneficial Returns, will support the launch of a new breeding and research center in Jalisco.
- Categories
- Agriculture, Social Enterprise
- Region
- Latin America
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Ummeed Housing Finance Raises $28 Million from BII to Boost Affordable Housing
The Gurugram‑based housing finance company will deploy the capital as mortgage‑backed loans targeted at low‑income and underserved borrowers across India, with a significant focus on enabling women to become homeowners.
- Categories
- Finance
- Region
- Asia Pacific
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Orange Money and JUMO Partner to Offer Small Loans Across Africa
Orange Money Group and banking-as-a-service financial provider JUMO have partnered to enhance digital financial services across Africa through a new small loan function.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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HSBC Malaysia Provides First $15 Million Asset Backed Lending to Boost Carsome’s Growth
HSBC Malaysia said in a statement that this financing from HSBC will be key to boosting Carsome Certified’s growth operations in Malaysia.
- Categories
- Technology, Transportation
- Region
- South Asia
- Tags
- lending
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Swedfund Invests $10 Million to Support MSME Lending in East and Southern Africa
Swedfund, Sweden’s development finance institution, has signed a USD 10 million loan to Platcorp Holdings Limited to support lending to micro, small, and medium-sized enterprises (MSMEs) in Kenya, Uganda, Tanzania, and Zambia.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Measuring Systems Change in Agricultural Finance in Africa: Practical Metrics and Guidance for Detecting and Tracking Real Change
Despite employing 65-70% of the region's population and contributing 20-40% of national GDPs, Africa's agriculture sector receives less than 3% of its overall commercial credit — and in some countries, that share hasn't changed for decades. But according to Carla Legros, a consultant and strategist in agricultural and inclusive finance, that doesn't necessarily mean that progress has stalled. She proposes a set of metrics for assessing whether systems change is actually happening in the continent's agricultural finance sector.
- Categories
- Agriculture, Finance
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Brazil’s Neon Raises $129 Million in Series E Extension Round
Founded in 2016, Neon provides digital accounts, credit cards, personal loans, and investment products to customers in Brazil.
- Categories
- Finance, Technology
- Region
- Latin America
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From COVID to Foreign Aid Cuts: How Community-Led Financial Access Can Help Women and Their Communities Weather Crises
The COVID pandemic had a substantial impact on women’s financial access in many emerging economies — an impact that persists to this day. Now, as Kathy Guis at Kiva explains, a new crisis is building, as foreign aid cuts and broader macroeconomic uncertainty reduce funding to financial service providers focused on women’s inclusion. She argues that despite the urgency of other global issues, access to financial services matters, and explores how Kiva hopes to grow its support for women and other vulnerable populations despite the challenging funding environment.
- Categories
- Finance