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News

60 Decibels Unveils Definitive Assessment of Microfinance’s Social Impact

Through interviews with almost 18,000 microfinance clients across 41 countries, the 60 Decibels Microfinance Index provides a ground-up perspective on the lives of 25 million microfinance clients, representing 15 percent of the global market.

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Evocabank Raises $7.5 Million From Symbiotics

Attracted financial means will be directed towards the development of micro, small and medium-sized businesses in Armenia.

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In Conversation With Mary Ellen Iskenderian: Championing Inclusive Finance to Empower Women

In her recently released book, Mary Ellen Iskenderian, President and CEO of Women’s World Banking, provides a comprehensive look at why women’s financial inclusion matters.

News

IFC Makes Debt Investment in Microfinance Entity CreditAccess Grameen

The proceeds will be used towards expanding the company’s portfolio to female borrowers for income generation purposes, specifically in the low-income or rural areas of India.

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ABC Fund Lends $3M to Finamiga to Fund 5K Vehicle, Agricultural Loans for Women in Colombia

Finamiga plans to use the wholesale loan to fund 4,000 retail agricultural loans and 1,000 motorcycle loans.

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Opportunity International and 2022 Nobel Peace Prize Nominee Keith Krach Announce Trusted Tech Microfinance Initiative

The partnership will transform the lives of microentrepreneurs by empowering them to participate in the digital economy, with innovative paths to earn income, gain confidence in trusted technology, and improve the quality of life for their families and communities.

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BBVA Chairman Announces BBVA Microfinance Foundation’s Adherence to the Edison Alliance to Accelerate the Digital Inclusion of Low-income People

This adherence is supported by the Foundation’s commitment to contribute to the digital inclusion of low-income populations in Latin America.

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IFC Supports Sustainable Bond Issued by GF Mega to Boost SME´s Growth in Mexico

A new investment will help increase access to finance for small businesses, especially women-owned firms, while promoting sustainable projects in Mexico.

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OPay, Mastercard Tie-Up Drives Financial Inclusion in Middle East, Africa

OPay and Mastercard are collaborating to drive financial inclusion across the Middle East and Africa by partnering to open up digital commerce in the region

News

Remote and Hybrid Working Amplfying Burnout in Financial Service Professionals - Survey Results

A new study by LemonEdge found that while some workers have experienced the positive benefits of hybrid working, and even decreased levels of burnout, a third of financial and banking services workers state levels of burnout has increased due to changes in work environment since the pandemic and working from home hybrid model.