by Zach Deluca -

MICROCAPITAL BRIEF: DFC Announces $150m Loan to Produbanco of Ecuador to Support Women’s Enterprise, SME Lending, Green Projects

Banco de la Producción SA (Produbanco), a bank in Ecuador, recently agreed to borrow USD 150 million from the US International Development Finance Corporation (DFC), a government-backed development finance institution. One half of the funding is for on-lending to small and medium-sized enterprises (SMEs) to support

by Harriet Ritchie -

MICROCAPITAL BRIEF: IDB Invest, DFC, FinDev Canada Loan $390m to Davivienda of Colombia for SMEs, Environmental Sustainability, Women

IDB Invest, a member of the US-based Inter-American Development Bank (IDB) Group; the US International Development Finance Corporation (DFC); and FinDev Canada, a subsidiary of government-owned Export Development Canada, recently issued subordinated loans totaling USD 390 million to Colombia’s Banco Davivienda for repayment over 10 years. The deal will “provide new financing for work