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Kenya's Co-op Bank Gets $75m for Lending to MSMEs
January, 19 2021
Kenya - The Co-operative Bank of Kenya has secured $75 million long-term funding from the International Finance Corporation (IFC) for onward lending to the micro, small and medium-sized enterprises (MSMEs)
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K. Set Lin, Gojo & Co.: Building a Credit Scorecard in Myanmar
January, 15 2021
Myanmar - Financial institutions in Myanmar are currently working on overcoming the challenges of building a statistical scorecard and transitioning from expert scorecards, as there is a whole world of new opportunities if the transition is successful
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AfDB Pledges $6.5b for Africa's Great Green Wall
January, 12 2021
Africa - The African Development Bank (AfDB) has pledged to mobilize $6.5 billion in support of Africa's Great Green Wall, a flagship initiative led by the African Union to combat increasing desertification in the region, it said in a statement
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Thailand: Making Palm Oil More Sustainable
January, 11 2021
Thailand - "Mobilising investments in knowledge and microfinance capacity for oil palm smallholders to shift toward sustainable palm oil production is essential for improving local livelihoods and the global food supply while reducing the climate and environmental impact," said Matthias Bickel, director of the Agriculture and Food Cluster at Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH
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R. Hossain and T. Tasnim, ICCCAD: Bangladesh - Microfinance in Climate Action: Why Not?
January, 10 2021
Bangladesh - With the impacts of climate change rapidly intensifying and Bangladesh determined to continue its upward trajectory towards socioeconomic development, there is now a crucial need to explore financial mechanisms that are effective in supporting the adaptation needs of the poorest and most vulnerable. Microfinance promises significant potential in this regard.
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J. Singh, INSEAD: The Three Dimensions of Social Impact
January, 07 2021
Global - Why do impact ventures often get tempted to prioritise scale over depth? Sometimes it is a business decision, as size is often correlated with financial sustainability. But often the decision is made as scale is just more visible, while measuring depth is hard. Pressure from donors and investors exacerbates the issue
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India: Shivalik Small Finance Bank Receives Commercial Banking License
January, 06 2021
India - This marks the successful completion of the last major step in the transition of Shivalik Mercantile Co-operative Bank (SMCB) to a SFB. SMCB is the first Urban Cooperative Bank (UCB) in India to transition to a Small Finance Bank under the voluntary transition scheme
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G. Bull, CEO, CGAP: All Humanity Can Benefit from the Digitisation of Finance
January, 04 2021
Global - The financial sector has provided a lifeline for the poor during the crisis, but it has an equally important role to play in the recovery. The challenge will be to build on the advances we have made so far in financial services delivery in a way that creates a more equitable financial sector for all going forward
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IFAD to Support Rebuilding Bangladesh's Microenterprises
January, 01 2021
Bangladesh - The International Fund for Agricultural Development (IFAD) will provide Bangladesh with an additional loan of US$ 18.07 million to rebuild microenterprises as well as to support smallholders affected adversely by the Covid-19 pandemic
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Y. Fanusie: Stop Saying You Want to Bank the Unbanked
January, 01 2021
Global - With rising public and private attention on digital currencies, either in the context of decentralized protocols or central banks, the strategy of banking the unbanked through financial technology deserves more scrutiny.
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