MSME-Champions

EMGA Secures US$ 20M Debt Finance for Costa Rica’s Banco Improsa

Retrieved on: 
Monday, October 31, 2022
CAF, SME, Private sector, Sustainable development, Climate change, GFI, Francoist Spain, Development finance institution, Investor, CEO, Maintenance, Economic development, Central, General manager, Investment, CAF – Development Bank of Latin America, Banco Bilbao Vizcaya Argentaria, GLOBE, Poverty, Intention, Spanish Agency for International Development Cooperation, Specialization, State, COVID-19, MSME-Champions, High Corps of Spanish State Economists and Trade Experts, Banco Santander, BBVA, Banco Sabadell, Financial services, Bank, AECID, Spanish

Commenting on the transaction, Felix Alpizar, General Manager of BANCO IMPROSA, said: "Banco Improsa is very honored to be recognized by AECID and COFIDES for both its track record and programs to finance and support Costa Rican micro, small and medium-sized enterprises (MSMEs).

Key Points: 
  • Commenting on the transaction, Felix Alpizar, General Manager of BANCO IMPROSA, said: "Banco Improsa is very honored to be recognized by AECID and COFIDES for both its track record and programs to finance and support Costa Rican micro, small and medium-sized enterprises (MSMEs).
  • Jos Luis Curbelo, chairman and CEO of COFIDES, stated that we are pleased to support AECID in its first impact project with EMGA and IMPROSA in the Central American region.
  • The transaction will be used to finance small and medium enterprises in Costa Rica, which will contribute to the creation and maintenance of quality jobs and reducing inequalities.
  • In addition to the Spanish State, its shareholders include Banco Santander, Banco Bilbao Vizcaya Argentaria (BBVA), Banco Sabadell and Development Bank of Latin America (CAF).

The 3rd APEC Women Connect 'Her Power' Entrepreneurship Competition Announces Global Partnerships, Working Together to Foster Women's Entrepreneurship under the Social Commerce Landscape

Retrieved on: 
Friday, October 28, 2022
Fortune 500, DHgate.com, Internet, Chairperson, Generation Z in the United States, Entrepreneurship, Hooli, CEO, G20, Generation Z, APEC, Empowerment, B20, View, MSME-Champions, ABAC, Woman, Software as a service, Student, Technology, Social commerce, Social media, Industry, Visa, Multimedia, Education, Partnership, Overseas Chinese, Vivo, Genz, Employment, Knowledge, Gen, Sale, AGH, Creativity, Opple Lighting, Solution, Tourism, Management, Online shopping, Google

The 3rd APEC Women Connect 'Her Power' Entrepreneurship Competition is a global campaign focusing on women empowerment and reshaping the international trade industry.

Key Points: 
  • The 3rd APEC Women Connect 'Her Power' Entrepreneurship Competition is a global campaign focusing on women empowerment and reshaping the international trade industry.
  • A series of events, including the award ceremony and APEC Women Connect Virtual Workshop, will be launched following the 3rd APEC Women Connect 'Her Power' Entrepreneurship Competition to support ongoing efforts to empower women and entrepreneurship.
  • APEC Women Connect aims to empower women, especially young women, to realize entrepreneurship via digital solutions, through inspirational sharing, practical learning, effective recognition, and awards.
  • APEC Women Connect has been included in the annual recommendation to the APEC Economic Leaders for three consecutive years.

LAZADA PARTNERS APEC 2022 TO DRIVE INCLUSIVE AND SUSTAINABLE ECONOMIC GROWTH IN SOUTHEAST ASIA THROUGH ECOMMERCE

Retrieved on: 
Thursday, October 27, 2022
Asia-Pacific Economic Cooperation, Efficiency, Growth, Woman, Acceleration, E-commerce, Employment, MSME-Champions, Workforce, Investment, Empowerment, Partnership, Ministry of Foreign Affairs, Technology, APEC, GMV, Driver 2, Ecosystem, Workplace, Foreign Affairs, Ministry, COVID-19, USD, Commerce, Renewable energy, Creative industries, Online shopping, Lazada Group

eCommerce remains a key driver for digital economies in the region, fueled by the acceleration of digitalization throughout the COVID-19 pandemic

Key Points: 
  • eCommerce remains a key driver for digital economies in the region, fueled by the acceleration of digitalization throughout the COVID-19 pandemic
    BANGKOK, Oct. 26, 2022 /PRNewswire/ -- Lazada announced it has joined hands with the Asia-Pacific Economic Cooperation (APEC) 2022 economic forum, a partnership that aligns with the eCommerce platform's initiatives to drive and support inclusive and sustainable growth initiatives in Southeast Asia.
  • We are confident that our expertise and technology can help drive the region's trade and economy in support of APEC 2022 initiatives."
  • Southeast Asia's digital economy is projected to reach USD 1 trillion by 2030, with eCommerce as the biggest growth driver[2].
  • Lazada remains to this day the only eCommerce platform in Southeast Asia to own an end-to-end proprietary logistics network in the region.

LAZADA PARTNERS APEC 2022 TO DRIVE INCLUSIVE AND SUSTAINABLE ECONOMIC GROWTH IN SOUTHEAST ASIA THROUGH ECOMMERCE

Retrieved on: 
Thursday, October 27, 2022
Asia-Pacific Economic Cooperation, Efficiency, Growth, Woman, Acceleration, E-commerce, Employment, MSME-Champions, Workforce, Investment, Empowerment, Partnership, Ministry of Foreign Affairs, Technology, APEC, GMV, Driver 2, Ecosystem, Workplace, Foreign Affairs, Ministry, COVID-19, USD, Commerce, Renewable energy, Creative industries, Online shopping, Lazada Group

eCommerce remains a key driver for digital economies in the region, fueled by the acceleration of digitalization throughout the COVID-19 pandemic

Key Points: 
  • eCommerce remains a key driver for digital economies in the region, fueled by the acceleration of digitalization throughout the COVID-19 pandemic
    BANGKOK, Oct. 27, 2022 /PRNewswire/ -- Lazada announced it has joined hands with the Asia-Pacific Economic Cooperation (APEC) 2022 economic forum, a partnership that aligns with the eCommerce platform's initiatives to drive and support inclusive and sustainable growth initiatives in Southeast Asia.
  • We are confident that our expertise and technology can help drive the region's trade and economy in support of APEC 2022 initiatives."
  • Southeast Asia's digital economy is projected to reach USD 1 trillion by 2030, with eCommerce as the biggest growth driver[2].
  • Lazada remains to this day the only eCommerce platform in Southeast Asia to own an end-to-end proprietary logistics network in the region.

G20 SOE Conference: Successfully Accelerating Financial Inclusion, BRI Receive Acknowledgement from Harvard Kennedy Professor

Retrieved on: 
Friday, October 21, 2022
Government, Growth, Population, Conference, IDX, Acceleration, ESG, Ursa Minor, MSME-Champions, TBK, Green Revolution, Farmer, Industry, Multimedia, Role, Harvard Kennedy School, Soejoedi Wirjoatmodjo, Rosengård, Tax, PNM, G20, Renewable energy, Cryptocurrency, BRI

BRI is considered to successfully execute a commitment to financial inclusivity and encourage MSMEs growth in Indonesia through financial disbursement.

Key Points: 
  • BRI is considered to successfully execute a commitment to financial inclusivity and encourage MSMEs growth in Indonesia through financial disbursement.
  • Rosengard stated, "When agricultural technology began to penetrate, BRI played an important role in enabling financial aid.
  • Rosengard also praised BRI for excellently implementing ESG principles which have contributed significantly to MSMEs sustainable growth.
  • "BRI is a successful phenomenon of Green Revolution and is the world's biggest and most successful profitable micro banking.

SM Markets focuses expansion to help more communities in the regions

Retrieved on: 
Thursday, October 20, 2022
Parsley massacre, Makati, SM Investments, Growth, Holiday, MSME-Champions, Capital region, Coles, Drink, Multimedia, SM, Snack, Optimism, National Capital Region Transport Corporation, SM Retail, View, Mobile phone

PASAY CITY, Philippines, Oct. 20, 2022 /PRNewswire/ -- SM Markets is focusing its strategic expansion to help more Filipinos in the regions.

Key Points: 
  • PASAY CITY, Philippines, Oct. 20, 2022 /PRNewswire/ -- SM Markets is focusing its strategic expansion to help more Filipinos in the regions.
  • As of October 2022, SM Markets has a total store count of 330 all over the Philippines.
  • Already, SM Markets has seen an improvement in sales for fresh products, snacks, beverages and other school-related commodities as of year to date.
  • SM Markets is the food retailing arm of the SM Group and serves as the mother brand of SM Supermarket, Savemore Market, and SM Hypermarket, answering every family's essential needs.

SM Markets focuses expansion to help more communities in the regions

Retrieved on: 
Thursday, October 20, 2022
Parsley massacre, Makati, SM Investments, Growth, Holiday, MSME-Champions, Capital region, Coles, Drink, Multimedia, SM, Snack, Optimism, National Capital Region Transport Corporation, SM Retail, View, Mobile phone

PASAY CITY, Philippines, Oct. 20, 2022 /PRNewswire/ -- SM Markets is focusing its strategic expansion to help more Filipinos in the regions.

Key Points: 
  • PASAY CITY, Philippines, Oct. 20, 2022 /PRNewswire/ -- SM Markets is focusing its strategic expansion to help more Filipinos in the regions.
  • As of October 2022, SM Markets has a total store count of 330 all over the Philippines.
  • Already, SM Markets has seen an improvement in sales for fresh products, snacks, beverages and other school-related commodities as of year to date.
  • SM Markets is the food retailing arm of the SM Group and serves as the mother brand of SM Supermarket, Savemore Market, and SM Hypermarket, answering every family's essential needs.

BRI Encourages Domestic Growth Through MSMEs as State-Owned Enterprises Become the Drive for Economic Developments

Retrieved on: 
Thursday, October 20, 2022
BRI, Risk, Growth, Achievement, IDR, IDX, Ursa Minor, MSME-Champions, BBRI, Unemployment, Multimedia, Micro, National Institute of Micro, Small and Medium Enterprises, G20, Renewable energy, Coal, Online shopping, Small

(IDX: BBRI) pushes for Indonesia's growth by supporting Micro, Small, and Medium Enterprises (MSMEs) through several initiatives and programs, one of which is the Ultra-Micro (UMi) Holding program.

Key Points: 
  • (IDX: BBRI) pushes for Indonesia's growth by supporting Micro, Small, and Medium Enterprises (MSMEs) through several initiatives and programs, one of which is the Ultra-Micro (UMi) Holding program.
  • Ministerof State-Owned Enterprises (SOEs)Erick Thohir revealed the role of SOEs are crucial as they have the potential ofcreating millions of jobopportunities in Indonesia.
  • Therefore, SOEs are continuously pushed tocreate value for the community and play their role as agents of developments.
  • President Director of BRI Sunarso also believes thatIndonesia's economic growth can be achieved by focusing on MSMEs, who are the country's growth drivers.

SentBe Named 2022 Inclusive Fintech 50 Winner

Retrieved on: 
Monday, October 17, 2022
Transfer, API, Time, Insurance, Financial technology, IFC, SENDA, MSME-Champions, APAC, Visa, FX, Multimedia, Real, Technology, Goal, MetLife, CFI, Science and technology in Asia, SDG, UN, Comic Relief, United Nations Sustainable Development Group, Financial inclusion, Migrant, Center, Business, Bank, Online shopping, Financial services, Acción

SentBe recognized for its innovative, affordable, and convenient cross-border money transfer service made easier, simpler, and more accessible for migrant workers

Key Points: 
  • SentBe recognized for its innovative, affordable, and convenient cross-border money transfer service made easier, simpler, and more accessible for migrant workers
    SEOUL, South Korea, Oct. 17, 2022 /PRNewswire/ -- SentBe Inc., South Korea's leading fintech company specializing in cross-border money transfer, announced today that it has been named in the fourth cohort ofInclusive Fintech 50 (IF50).
  • IF50 is a global innovation competition that aims to identify and elevate cutting-edge emerging inclusive fintech companies that have the potential to drive financial inclusion.
  • Based on the efforts, SentBe was selected as one of the 50 winners from a global pool of hundreds of eligible applicants.
  • Inclusive Fintech 50 is sponsored by Visa, MetLife Foundation, and Jersey Overseas Aid & Comic Relief, with support from Accion and IFC.

Quest Digital Finance Connects the Unbanked to Formal Credit Systems

Retrieved on: 
Friday, October 14, 2022
Banking, Technology, Professional Services, Foundation, Philanthropy, Small Business, Digital Marketing, Agriculture, Natural Resources, Agritech, Communications, Software, Start-Up, Socially Responsible Investing, Finance, Consulting, Fintech, Fahd of Saudi Arabia, Growth, Population, Smartphone, Rural credit cooperative, MSME-Champions, Farmer, St. Petersburg Institute of International Trade, Economics and Law, Multimedia, Investment, MDIS, Information economy, Wealth, Adult, Foundation, Angel, Exodus Savings and Credit Cooperative Society Limited, Financial services

Quest Digital Finance, a Ugandan tech company, is changing that by placing the power of banking and service delivery in the palms of the farmers and entrepreneurs using its digital platforms.

Key Points: 
  • Quest Digital Finance, a Ugandan tech company, is changing that by placing the power of banking and service delivery in the palms of the farmers and entrepreneurs using its digital platforms.
  • The platform enables SACCOS (Savings and Credit Cooperatives) and microfinance institutions to achieve end-to-end digital transformation and hence, improve reporting and accountability which derisks these entities.
  • Akellobanker hopes to eventually deliver bundled products and services to farmers and entrepreneurs and other value chain actors on credit.
  • Developing a digital platform that aggregates financial data generated by the unbanked to provide easy access to credit is a key lever of growth in the informal sector.