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Member News: Mastercard Partners with Unilever on SME Lending in Kenya

MSMEs need loans and grants to thrive in emerging economies. Mastercard's and Unilever's CEOs have a solution. SME Finance Forum member Mastercard is working with Unilever on new lending models for micro merchants in Kenya.

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Member News: Mastercard Partners with Unilever on SME Lending in Kenya
MSMEs need loans and grants to thrive in emerging economies. Mastercard's and Unilever's CEOs have a solution. SME Finance Forum member Mastercard is working with Unilever on new lending models for micro merchants in Kenya. Ajay Banga is the president and CEO of Mastercard. Paul Polman is the CEO of Unilever. Their Fortune piece highlights they...
Member News: OPIC Explores Opportunities to Link American Investors with Zambian Entrepreneurs, Including Women.
SME Finance Forum member, Overseas Private Investment Corporation (OPIC) President and Chief Executive Officer Ray W. Washburne traveled to Zambia where he toured Zambia’s first utility scale solar power facility which is being supported by a $13 million OPIC loan and a $26 million loan from the International Finance Corporation to Neoen and...
CEB Joins 140 Other Financial Institutions to Promote SME Finance
Washington, D.C., July 11, 2018 – The Council of Europe Development Bank (CEB) became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. “200 million...
Member News: Diamond Bank Rewards Five Entrepreneurs with N15m to Strengthen SMEs Development
Leading retail bank, Diamond Bank Plc has once again demonstrated its passion for supporting small businesses by rewarding finalists of the seventh season of the Building Entrepreneurs Today (BET) programme with N15million grant. Ikenna Ubah, Tope Alake, Jumoke Dada, Bayo Ojelabi and Osagie Azeta emerged winners of the grants having displayed...
SME Finance Forum Participates in MSME Day 2018
Listed as an official resource by the United Nations, the SME Finance Forum celebrates the second annual Micro-, Small and Medium-sized Enterprises Day today, June 27. The Forum is explicitly associated with helping achieve the implementation of Sustainable Development Goals 8 (decent work and economic growth) and 9 (industry, innovation and...
City Bank Joins 140 Other Financial Institutions to Promote SME Finance
Washington, D.C., June 26, 2018 – City Bank became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. “200 million businesses worldwide need financing to...
Member News: Afriland First Bank to Boost Lending to Liberian SMEs
The African Development Bank has approved US$ 20 million facility to boost lending to small and medium-sized enterprises in Liberia. The loan, approved by the Board of Directors of the Bank on May 16, is a trade finance package for three Liberian commercial banks: Liberian Bank for Development and Investment; International Bank of Limited and...
IFC Provides Loan to KEP to Boost Access to Finance for Smaller Businesses and Farmers in Kosovo
IFC, a member of the World Bank Group, is providing a €2 million loan to microfinance institution KEP Trust (KEP), to increase lending to smaller businesses and farmers in Kosovo, fostering growth and job creation. Medium to long-term funding is critical to developing Kosovo's private sector and creating jobs but remains scarce across much of the...
Member News: KGF partners with EBRD to Expand Financing for Women-Led SMEs
SME Finance Forum member Turkey’s Kredi Garanti Fonu (KGF), a credit guarantee institution, and the EBRD are joining forces to expand financing for small and medium-sized businesses led by women. The partnership will enable the EBRD to unlock €300 million in new financing to support women’s entrepreneurship in a country where only 34 percent of...
Member News: Standard Chartered and CDC to Launch Supply Chain Finance Programme to Boost Global Trade
Both members of the SME Finance Forum, CDC Group (“CDC”), the UK’s development finance institution, and Standard Chartered Bank (“Standard Chartered”) have announced the signing of a memorandum of understanding for a supply chain finance programme that will increase financing for SME suppliers in Africa and South Asia, thereby boosting economic...