by Pranav Agarwal -

MICROCAPITAL BRIEF: Impact Asset Management’s Dual Return Vision Microfinance Funds Issue Loans to MFIs in Ecuador, Georgia, Kyrgyzstan, Paraguay

Impact Asset Management (I-AM), a unit of Austria’s C-Quadrat Investment Group, recently announced that it disbursed loans totaling USD 10 million during August through its Dual Return Funds to microfinance institutions (MFIs) in seven countries. Although the names of the MFIs and the amounts invested in each have not been disclosed, I-AM does report having invested via the funds in two MFIs for the first time, one each in

by Renata Samadova -

MICROCAPITAL BRIEF: MicroVest Lending $3.4m to Financiera Finexpar for Agriculture, SME Lending in Paraguay

MicroVest, an asset management subsidiary of US-based DAI Global, recently issued a loan of USD 3.4 million to the Paraguay-based microfinance institution (MFI) Financiera Finexpar to support the MFI’s lending activities, specifically the funding of small and medium-sized enterprises (SMEs) engaged in

by Hasnat Aslam -

MICROCAPITAL BRIEF: MSME Clients of Sudameris Bank to Benefit from $15m Bond Issued by IDB Invest in Paraguay

IDB Invest, a member of the Inter-American Development Bank (IDB) Group, recently arranged a bond in the amount of PYG 100 billion (USD 15 million) to fund “medium- and long-term” lending in local currency by Paraguay’s Banco Sudameris to micro-, small and medium-sized enterprises. The bond is priced at 7.9 percent and was intermediated by

by Harriet Ritchie -

MICROCAPITAL BRIEF: IFC Approves $20m Loan to Agrofértil of Paraguay to Support Farming, Gender Equality Amid COVID-19 Downturn

The International Finance Corporation (IFC), a member of the World Bank Group, recently agreed to loan up to USD 20 million in working capital to Agrofértil, a company that provides credit, crop insurance, agricultural inputs and “agronomic services” to farmers and farmer cooperatives in Paraguay. Through the loan, which may be renewed yearly for five years, IFC aims to support Agrofértil in its work with farmers cultivating small and medium-sized plots including by endeavoring to “promote