(IN BRIEF) The European Investment Fund (EIF) and BT Microfinantare IFN (BT Mic) have reinforced their commitment to the InvestEU Microfinance, Social and Skills Guarantee Product, aiming to provide financial support to 10,000 microenterprises across various sectors, including agriculture, in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Romania, Small Business
Tagged BT Microfinantare IFN, Cristina Sindile, EIF, entrepreneurs, InvestEU, Marjut Falkstedt, microfinance, partnership, Romania, SMEs, sustainability
(IN BRIEF) Luxembourg has pledged an additional €4.8 million to the EIB Global’s Financial Inclusion Fund, bringing the fund’s total size to €11.5 million. The fund supports financial service providers that focus on vulnerable groups in African, Caribbean, and Pacific … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged EIB, finance, Financial Inclusion Fund, Franz Fayot, Kris Peeters, Luxembourg, microentrepreneurs, microfinance, SMEs, Werner Hoyer, Yuriko Backes
EBRD signs a €5 million (TND 17 million) loan with Enda Tamweel for its disbursement to Tunisian MSMEs Local currency financing will support lending to local MSMEs Only 15 per cent of MSMEs in the country have bank loans LONDON, 07-12-2018 … Read the full press release
Posted in Banks, Financial, Investment, Small Business
Tagged EBRD, Enda Tamweel, loans, microfinance, MSMEs, Tunisia
Credit facility will help drive financial inclusion by expanding access to working capital loans Montrouge, France, 13-Apr-2018 — /EuropaWire/ — The Grameen Crédit Agricole Foundation will provide a USD 2 million loan to FINCA Microfinance Company Jordan (FINCA Jordan), a FINCA … Read the full press release
Posted in Financial, France, Investment, Small Business
Tagged FINCA Microfinance Company Jordan, JORDAN, lending, loan, loans, microfinance, MSMEs, The Grameen Crédit Agricole Foundation
Loan to microfinance provider MKF Partner will be invested in residential sector EBRD loan of up to €5 million to MKF Partner, a microfinance institution Energy efficiency loans to residents and vendors of green technology Increasing availability of finance to … Read the full press release
Posted in Banks, Bosnia and Herzegovina, Environment, Financial, Infrastructure & Utilities, Investment
Tagged Bosnia, EBRD, GET, Green Economy Transition, Herzegovina, loan, loans, microfinance, MKF Partner
THE HAGUE, 13-Mar-2018 — /EuropaWire/ — FMO, the Dutch development bank, has provided a five-year loan of USD 10 million to VisionFund International (VFI), a global microfinance organisation. This transaction will benefit the end clients of VFI’s microfinance institutions (MFIs) … Read the full press release
Geneva, 25-7-2013 — /EuropaWire/ — The United States rejoined the five most-innovative nations and the United Kingdom moved up to the third spot while Switzerland retained its place atop the rankings in the Global Innovation Index 2013, published by Cornell University, … Read the full press release
Posted in Business, Denmark, Education, Finland, France, Investment, Ireland, Netherlands, Science, Sweden, Switzerland, Technology, United Kingdom
Tagged Ban Ki-moon, Booz & Company, Bruno Lanvin, Cornell University, Francis Gurry, GII 2013, Global Innovation Index 2013, INSEAD, microfinance, most-innovative nations, quality of top universities, Soumitra Dutta, Switzerland, venture capital deals, WIPO, World Intellectual Property Organization
12-7-2013 — /europawire.eu/ — The European Bank for Reconstruction and Development (EBRD) is providing a €1.5 million loan to Kreditimi Rural i Kosoves LLC (KRK) – the third largest non-bank microfinance institution in Kosovo by total assets – for on-lending to … Read the full press release
Posted in Banks, Business, European Union, Financial, Government, Investment
Tagged EBRD, Kosovo, Kreditimi Rural i Kosoves LLC, loan, microfinance
The importance of microcredits in reducing poverty among women in developing countries has been exaggerated Helsinki, 20-5-2013 — /europawire.eu/ — “Microcredits should not be marketed as a panacea for development. They are connected to other livelihood strategies targeting women, plus they cannot … Read the full press release
Posted in Business, Education, Financial, Finland, Investment, Society
Tagged Africa, developing countries, group credits, Helsinki, Johanna Hietalahti, joint liability, Limpopo, Microcredits, microfinance, poverty, South Africa
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