Microlender Tala lands $150 million debt facility to expand Mexico business

Microlender Tala lands $150 million debt facility to expand Mexico business

MEXICO CITY : U.S.-based fintech Tala, which grants small-sized loans to clients in emerging markets, has secured a $150 million debt facility to expand its business in Mexico, it said on Wednesday.WHY IT'S IMPORTANTMany of Tala's clients in Mexico are small-business owners, chief executive and fou

FinTech lender Tala secures $150m debt facility from Neuberger Berman to expand in Mexico

Tala, a global financial infrastructure company focused on providing accessible financial services, has secured a $150m debt facility from Neuberger

World Bank Approves $102 Million for Microfinance Project

World Bank Approves $102 Million for Microfinance Project

World Bank Approves $102M for Pakistan’s RAM Project to Boost Microfinance

ISLAMABAD: The World Bank’s Board of Directors has approved $102 million in financing for the Resilient and Accessible Microfinance (RAM) Project, aimed at expanding access to microcredit and strengthening the resilience of the microfinance sector and its borrowers, particularly against climate-related shocks. “Microfinance is a critical tool for supporting the livelihoods of vulnerable populations in Pakistan. This project will strengthen the r…