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Press Release: Al Majmoua from Lebanon, FATEN from the Occupied Palestinian Territories, and RUFI from Uganda announced as Finalists for European Microfinance Award 2024 on Advancing Financial Inclusion for Refugees & Forcibly Displaced People
The winner will be announced at ceremony during European Microfinance Week (EMW 2024) on Thursday November 14, 2024.
- Categories
- Finance
- Region
- Global
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GOGLA and e-MFP Forge Strategic Partnership to Drive Financial Inclusion and Off-Grid Solar Expansion
Leaders in the off-grid solar industry and financial inclusion sectors across the Global South are joining forces to expand access to financial services, promote the productive use of off-grid solar energy solutions and help clients grow their livelihoods.
- Categories
- Energy, Technology
- Region
- Global
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Senegalese Fintech Startup Rubyx Secures $440,000 Loan From Proparco
Rubyx has developed a cloud-native, API-driven digital lending platform that enables service providers to rapidly launch innovative loan products and meet the evolved expectations of borrowers.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Ghanaian Fintech Fido Closes $30 Million in Series B Funding Round
Fido is exploring mobile technology and different data sources to provide quick micro-loans to individuals and SMEs who can’t access traditional bank credits.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Nobel Laureate Muhammad Yunus to Lead Bangladesh Interim Government
The microfinance pioneer has been tapped to lead an interim government after the ouster of PM Sheikh Hasina.
- Categories
- Finance
- Region
- Asia Pacific
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ABC Fund Invests €1.1 Million in Colombia’s MiCreditoYa Microfinanciera SAS
The Agri-Business Capital Fund (“ABC Fund”) today announces an investment of EUR€1.1m in MiCreditoYa Microfinanciera SAS, a leading Microfinance Institution operating in the Nariño department in the South West of Colombia.
- Categories
- Agriculture, Investing
- Region
- Latin America
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Under-Leveraged Best Practices for Scaling Productive Use of Energy Appliances: Part 2 — Financing Options
Productive Use of Energy (PUE) appliances are the subject of growing attention in the development sector, but manufacturers and distributors are facing a number of challenges and misconceptions that are limiting uptake of these devices. In the second article of a two-part series exploring best practices for selling PUE appliances, Thomas Charoy and Lucie Klarsfeld McGrath at Hystra discuss the affordability challenge, sharing solutions for handling the high level of working capital and financial skills required to offer financing options to end-users.
- Categories
- Agriculture, Energy, Finance, Technology
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The Future of Digital Credit: A Recent Report Explores How to Make its Second Decade More Impactful Than its First
The first online lending platforms began emerging roughly two decades ago, and since then, the global digital credit market has grown to reach many formerly excluded customers. But according to Dan Cassara, previously at CEGA, this growth has raised concerns about over-indebtedness, exploitation and scams. As the market looks toward the coming decades, he shares a recent report that investigates digital credit — particularly Mobile Instant Credit and airtime loans — and explores approaches that can better protect consumers and support their financial health.
- Categories
- Finance, Technology
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