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M-Kopa Snaps up $250 Million+ Debt, Equity for Its Asset Financing Platform
M-KOPA, the asset financing platform that offers underbanked African customers access to “productive assets” and the ability to pay for them via digital micropayments, has secured more than $250 million in new funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Mastercard and Egabi Collaborate to Expand Access to Digital Lending Solutions Across Eastern Europe, Middle East, Africa
Mastercard will activate egabi’s digital-lending capabilities and assets to provide an end-to-end lending proposition to financial institutions and fintech companies.
- Categories
- Finance, Technology
- Region
- Global
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AMK of Cambodia Borrowing $7.5 Million for Green Microfinance via Bond Issue From British Based BII, and Swiss Based Symbiotics
Cambodia’s AMK Microfinance Institution is to fund its ongoing lending for electric two- and three-wheeled vehicles as well as new products.
- Region
- South Asia
- Tags
- e-mobility, impact bonds, lending, microfinance, MSMEs, renewable energy, solar, waste
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ABC Fund Invests $4.5 Million in African Agri-Businesses
The Agri-Business Capital Fund (“ABC Fund”) has made a significant investment in the agri-tech industry across Africa.
- Categories
- Agriculture, Finance, Technology
- Region
- Sub-Saharan Africa
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Faulu Microfinance Bank Targets Farmers with Sh1.5 Billion Loan in Kenya
Rising input prices, climate change and limited market access have left farmers struggling to meet planting expenses.
- Categories
- Agriculture, Environment, Finance
- Region
- Sub-Saharan Africa
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How Inclusive Finance Can Address the World’s Most Fundamental Challenge: Food Security, Nutrition and the European Microfinance Award 2023
According to the World Food Programme, the world is facing “a food crisis of unprecedented proportions.” Joana Afonso, Sam Mendelson, Fernando Naranjo Galindo and Daniel Rozas at the European Microfinance Platform (e-MFP) explore the multiple drivers and dimensions of food insecurity, and explain why the financial inclusion sector is uniquely placed to address it. They share how the e-MFP's European Microfinance Award 2023 is promoting innovative solutions to the crisis through its focus on “Inclusive Finance for Food Security & Nutrition.”
- Categories
- Agriculture, Finance, Transportation
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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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Understanding the Coping Strategies of Financially Distressed Households: New Data Shows Their Value — And Lasting Consequences
COVID lockdowns had a grave impact on the financial health of low-income communities around the world — and as Scott Graham, Anahit Tevosyan and Andrée Simon at FINCA International point out, further financial shocks are a virtual certainty for these households. They share data gathered during the pandemic that reveals the coping strategies FINCA clients used to navigate the crisis — and they discuss how these strategies have left low-income households vulnerable to future economic disruptions and income shocks.
- Categories
- Finance