Posts Tagged ‘Middle-East’

By Nagesh Narayana Microfinance Focus, Jan. 29, 2010: World Bank's investment arm IFC has announced a $100 million equity investment in Lebanon’s Byblos Bank to help increase access to finance for small and medium enterprises and to expand the bank’s operations to frontier countries in the Middle East and Africa. This investment will help Byblos pursue its strategy of becoming a significant financial group, with a broader ... Full story

MicrofinanceFocus, July 22, 2009: Craig Newmark, Internet entrepreneur and founder of the classified advertising website Craigslist, announced on Wednesday that he has joined the advisory board of a new microfinance website LendforPeace.org which helps users to make loans to specific entrepreneurs in the West Bank. Full story