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Citi Grants $6 Million in Debt to Colombian Fintech Sempli
This transaction falls under the Scaling Enterprise program, backed by the U.S. International Development Finance Corporation (DFC) and the Ford Foundation.
- Categories
- Finance, Technology
- Region
- Latin America
- Tags
- financial inclusion, fintech, lending, MSMEs
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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