by Hasnat Aslam -

MICROCAPITAL BRIEF: BNCR Raising $75m from IDB Invest, FinDev Canada via Social Bond Issue Focusing on Women Entrepreneurs in Costa Rica

IDB Invest, a member of the Inter-American Development Bank (IDB) Group, recently arranged a social bond issue in the amount of USD 75 million to benefit the Banco Nacional de Costa Rica (BNCR), a government-owned bank. The funding is intended to

by Adhya Singh -

MICROCAPITAL BRIEF: Financiera Desyfin of Costa Rica Borrowing $22m from FMO, Partly for Green Lending

Financiera Desyfin, a non-bank financial institution (NBFI) that provides “credit, factoring, and leasing products” in Costa Rica, recently agreed to borrow USD 22.5 million from Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), a Dutch public-private partnership. A portion of the funds is for “green” projects, such as increasing “energy efficiency, recycling and

by Arin Atluri -

MICROCAPITAL BRIEF: Dual Return Vision Microfinance Funds Loan $16m to MFIs in Armenia, Bolivia, Costa Rica, Panama, Tajikistan

C-Quadrat Impact Asset Management (IAM), a member of the Austria-based C-Quadrat Investment Group, recently announced that it loaned a total equivalent to USD 16 million to microfinance institutions (MFIs) in Bolivia, Armenia, Costa Rica, Panama and Tajikistan from its