Microenterprises
In Colombia, over 50% of microentrepreneurs' credit requests go toward financing inventory, according to fintech Plurall data. The company disbursed more than $5 million in microcredits in 2025, mainly for small businesses and emerging sectors. This trend addresses inflation and the need for quick market responses.
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The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has signed a EGP 300 million financing agreement with Reefy Microfinance Enterprise Services to support micro enterprises across Egypt. The deal aims to boost job opportunities and financial inclusion through Reefy's extensive branch network. Officials from both entities emphasized their commitment to aiding youth and women in rural areas.
October 30, 2025 06:21