Microfinance Archives

EBRD, EU launch risk-sharing facility to boost MSME lending in Montenegro

May 13, 2026 by DevFiNews

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have launched a portfolio risk-sharing facility in Montenegro aimed at expanding financing for micro, small and medium-sized enterprises (MSMEs), as development institutions increase their use of guarantees to mobilize private-sector lending in the Western Balkans. The facility, launched in Podgorica, is co-funded … Read more

IFC plans first Philippine SME securitisation with $110m First Circle facility

May 11, 2026 by DevFiNews

The International Finance Corporation is proposing an investment of up to $110 million in a securitisation facility backed by SME receivables originated by Philippine fintech lender First Circle, marking what could become IFC’s first securitisation transaction in the country. The proposed financing package includes up to $30 million from IFC’s own account, comprising as much … Read more

IFC weighs $40m anchor investment in Peru MSME receivables fund

May 6, 2026 by DevFiNews

The International Finance Corporation (IFC) is considering an investment of up to $40 million in a Peru-focused trade receivables fund, as the World Bank Group member seeks to expand non-bank financing channels for micro, small, and medium enterprises in the country. The proposed commitment, equivalent in Peruvian soles, would account for up to 20% of … Read more

FMO Provides $20M Facility to Georgia’s Crystal to Scale MSME, Green Lending

May 5, 2026 by DevFiNews

Dutch development lender FMO is providing a $20 million senior unsecured facility to Georgia-based JSC Microbank Crystal to support the expansion of its micro, small and medium enterprise (MSME) lending portfolio, with a focus on inclusive and green finance. The facility comprises a $10 million committed tranche and a further $10 million uncommitted portion, offering … Read more