FINCA Impact Finance (FIF), a network of 20 microfinance institutions and banks, announced today that it has secured a $15 million loan facility with a five-year tenor from Calvert Impact Capital.
News & Insights Related to Partnerships
FINCA Malawi secures $1.5 million loan facility from BIO
FINCA Impact Finance’s (FIF) microfinance subsidiary in Malawi, announced that it has secured a $1.5 million USD loan facility with a four-year tenor from the Belgian Investment Company for Developing Countries (BIO).
Collaboration is Key : Positive results come when FinTechs and financial institutions work together
FIF Vice President and COO discusses for ValueWalk the how fintechs and financial institution can make a bigger impact in financial inclusion through outstanding partnerships
FINCA Impact Finance Announces New Partnership with the Business Continuity Institute
FIF announced a new partnership with the Business Continuity Institute to further develop its business continuity management (BCM) practices. The partnership will focus on safeguarding and ensuring availability of all FIF staff, assets, premises and all related business processes, as well as maintaining confidence on the part of FIF’s investors, partners, clients and staff.
Andree Simon: Why Banks Should Partner with P2P Platforms Like Uber
Simon highlights FIF’s recent initiative by which FINCA Guatemala is partnering with Uber Guatemala to offer a cutting-edge loan product to local Uber drivers. FINCA Guatemala’s loan application form is directly integrated into the Uber online dashboard. This allows drivers to apply for a loan using only their driving history, and allows FINCA Guatemala to process loan applications in just hours.
FINCA Impact Finance Partners with Comic Relief and Jersey Overseas Aid to Transform Agent Network in Zambia
GBP 800,000 in funding will support upgrading FINCA Zambia’s agent banking network, reaching underserved population segments through financial technology innovation. The project will expand the agent network while evolving its business model to better meet the needs of customers.
FINCA Impact Finance Partners with Finastra to Meet IFRS9 Regulatory Standards
Fusion Risk will help FINCA Impact Finance ensure regulatory compliance and data management as it continues to implement digital innovations to improve efficiency and better serve its customers.
FINCA Uganda Partners with SafeBoda to Provide Mobile Fintech Product
FINCA Uganda establishes a new fintech innovation partnership with SafeBoda to expand financial inclusion in Uganda. Motorcycle taxi riders will be offered access to mobile savings and credit products.
FINCA Impact Finance, MEF and BlueOrchard Announce USD 20 Million Loan Facility
FINCA Impact Finance has entered into a USD 20 million loan facility with the BlueOrchard Microfinance Fund (BOMF) and Microfinance Enhancement Facility S.A., SICAV-SIF (MEF). The facility will help FIF better manage liquidity throughout its global network of 20 microfinance banks and institutions.
Deetken Impact Provides Loan to FINCA Haiti SA for On-lending to Micro and Small Businesses
Deetken Impact will provide a USD 1 million loan to FINCA Haiti SA for on-lending to individual, micro, small- and medium-sized businesses. The funds will support FINCA Haiti SA to grow its network of branches and digital financial services, including gender-sensitive financial products.
FIF Subsidiary in Pakistan Partners with Karandaaz on Digital Financial Services
FINCA Microfinance Bank Limited announced a strategic partnership with Karandaaz Pakistan to expand responsible finance by enhancing delivery of digital financial services. The partnership will target women entrepreneurs engaged in micro and small-business activities.