DEG has issued USD 35 million for Bank of Georgia, to extend financing of the SME sector in the country

German Investment and Development Corporation (DEG) has issued USD 35 million for Bank of Georgia, to extend financing of the SME sector in the country. The loan will boost the total credit portfolio of the SME sector by 10-15%. DEG gives a positive estimation of the country’s economic conditions and has expressed willingness to finance other Georgian businesses.

'Finance and Advice for Women in Business' Programme launched by EBRD with six Turkish banks

Finansbank, Garantibank, Isbank, Sekerbank, Turk Ekonomi Bankasi (TEB) and Vakifbank have expressed interest in joining a new “Finance and Advice to Women in Business" Programme, which has been designed to increase and strengthen the role of female entrepreneurs in the Turkish economy.
The programme was launched today by the European Bank for Reconstruction and Development (EBRD), the Delegation of the European Union to Turkey, the Ministry of Labour and Social Security of the Republic of Turkey and the Turkish Employment Agency.

Knox Payments: Cheaper, Faster and Risk-Free Payments

Join Laura Spiekerman, Head of Business Development & Partnerships for an introduction and Q&A session about Knox Payments.

Knox Payments allows merchants to accept payments directly from their customer’s bank accounts. It seeks to lower fees for small merchants and nonprofits while moving money faster. It allows consumers to make fast, secure direct payments using only their online banking credentials. By logging into a bank, the user allows Knox to do extensive risk assessment and satisfy KYC and AML requirements to ensure the payment is essentially risk-free.

Investing in Women and Agribusiness

Date: November 10 2014
Location: Washington DC - Inter-American Development Bank

The MIF will be hosting a workshop on Women and Agribusiness with the goals of sharing, identifying and systematizing lessons learned from several studies and projects conducted by the MIF on women and agribusiness in Peru, Guatemala, and Haiti.

Presentations by MEDA, Root Capital, and TechnoServe.

Financing Development Post-2015: Towards a Shared Vision

The upcoming Post-2015 development agenda will be more ambitious than its predecessor, the Millennium Development Goals. The new agenda embraces concepts of environmental, social and economic sustainability. Achieving these transformational goals will require financing that goes beyond current resources, while focusing on being innovative and inclusive. The event will explore how to facilitate an effective launch of the post-2015 agenda with all partners.