by Elva Montelongo -

MICROCAPITAL BRIEF: Reefy Microfinance Borrows $6.5m from EBRD for Youth-led MSMEs in Egypt

Reefy Microfinance Enterprise Services, an Egypt-based microfinance institution (MFI), recently agreed to accept a loan of EGP 200 million (USD 6.5 million) from the UK-based European Bank for Reconstruction and Development (EBRD). The loan is part of EBRD’s

by Bradley Shulman -

MICROFINANCE PAPER WRAP-UP: “COVID-19: Crisis as an Opportunity for Urban Cash Transfers?”; by Keetie Roelen, Edward Archibald, Christina Lowe; Published by ODI

Urban areas in developing countries were especially hard-hit by the COVID-19 pandemic due to a range of issues including “overcrowding, poor hygiene and sanitation, and widespread informal employment.” To support urban dwellers and others, many governments across the world implemented cash-transfer programs in response to COVID-19. However, just 16 percent