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$500 Million Asian Development Bank Loan to Expand Financial Inclusion in Indonesia
The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support the Government of Indonesia's efforts to expand financial access among micro, small, and medium-sized enterprises and marginalized groups such as women and youth.
- Categories
- Finance
- Region
- South Asia
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Press Release: IIX Accelerates Gender Bond Issuances With Pricing of Women’s Livelihood Bond 3
Impact Investment Exchange (IIX) has successfully priced the US$27.7 million Women’s Livelihood BondTM 3 (WLB3), the third bond in the award-winning Women’s Livelihood BondTM Series (WLB Series). Advancing a total of 13 United Nations Sustainable Development Goals (SDGs), the WLB3 complies with the International Capital Markets Association (ICMA) Social Bond Principles and will support 180,000 underserved women and women entrepreneurs in the Asia Pacific region to respond, to recover from, and to build resilience in the aftermath of the COVID-19 pandemic. The WLB3 is also the maiden investment of IIX’s Women’s Catalyst Fund, a next generation gender lens vehicle designed to accelerate innovative financial instruments for women.
- Categories
- Investing
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Rwandan Female Entrepreneur on Course to Raise $490,000 in Funding
With 70,000 serviced daily via its safe water mini-grids, WARwanda is setting high ambitions to service over 30 million people in the next 10 years and create over 13,000 jobs, greatly multiplying its current reach.
- Categories
- Environment, Social Enterprise
- Region
- Sub-Saharan Africa
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COVID-19 Impact on Women-Led Micro Business Widens Socio-Economic Gap in India: Survey
The adverse effects of the Covid-19 pandemic on women-led micro businesses in India has exacerbated the vast socio-economic gap, finds a survey.
- Categories
- Coronavirus, Investing
- Region
- Asia Pacific
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Zambian Startup Widenergy Raises New Funding to Scale Its Impact
Zambian startup WidEnergy, a woman-led for-profit social enterprise dedicated to female empowerment and the expansion of affordable energy access, has raised a new round of funding to help scale its impact.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Mastercard and USAID Partner to Launch ‘Project Kirana’ for Women Entrepreneurs
The project aims to build financial and digital literacy and improve basic business management skills to help women become successful kirana entrepreneurs.
- Categories
- Finance
- Region
- Asia Pacific
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Making Bank Accounts Work for Women: Lessons on Designing Gender-Centric Financial Services
Papua New Guinea has the highest gender gap in financial inclusion in the Pacific region, with women 29% less likely to have access to formal financial services. Akhand Tiwari and Moinuddin Mohammed at MicroSave (MSC) explore how MiBank, a local micro-bank, has boosted women's inclusion through gender-centric product design and outreach strategies – and what other providers can learn from their success.
- Categories
- Finance
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Women Entrepreneurship Day 2020: Measures To Encourage Enterprise Among Women
With the onset of the COVID-19 pandemic, our economy has been severely impacted and as physical distancing is the norm, the digital world has come to our rescue and the challenges and opportunities for women in the digital age are growing.
- Categories
- Uncategorized
- Region
- Asia Pacific
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