News

Symbiotics, the leading market access platform for impact investing, announces the opening of offices in Yerevan, Armenia and Delhi, India.

Alexandr Fando, Regional Manager for the Caucasus & Central Asia region, heads the Symbiotics office in Yerevan. Symbiotics has been present in the regio

Symbiotics, the leading market access platform for impact investing, has arranged a USD 6.5 million Social Bond for Cooperativa de Ahorro y Crédito Fernando Daquilema (“Daquilema”).

With the issuance of this Social Bond, Daquilema reinforces its commitment to serve indigenous communities pro

Symbiotics, the leading market access platform for impact investing, has arranged a USD 10 million Social Bond for Hamkorbank.

Founded in 1991 by local entrepreneurs, Hamkorbank’s mission is to provide high-quality services via its technologically advanced banking products and over 200 service

Symbiotics, the leading market access platform for impact investing, has arranged a USD 14 million Social Bond for Cooperativa de Ahorro y Crédito de la Pequeña Empresa de Cotopaxi (“Cacpeco”).

Providing financing to underserved people and communities has been the core of Cacpeco’s contri

Symbiotics, the leading market access platform for impact investing, has arranged a USD 15 million Green Bond for Greenlight Planet Inc. (“Greenlight Planet”).

This represents a landmark transaction for the leading provider of off-grid solar home energy solutions across markets on the Asian a

Symbiotics, the leading market access platform for impact investing, has arranged a USD 6.75 million Sustainability Bond for ACBA Bank OJSC (“ACBA”).

This represents a landmark transaction for the only cooperative bank present in Armenia. ACBA has committed to use the proceeds of the Sustaina

Source: Option Finance (in French)

Source: Allnews (in French)

Source: Sustainable Finance Geneva (SFG)

With the Covid-19 pandemic affecting every industry in the world, including the microfinance sector, Symbiotics and CGAP have partnered to publish a series of briefs that explore how Covid-19 has affected the microfinance sector based on Symbiotics’ data and our analysts’ expertise. Four briefs that

Symbiotics, the leading market access platform for impact investing, has arranged a USD 6.25 million and VND 234 billion (USD 10.1 million) Green Bonds for EVNFinance.

EVNFinance, a Vietnamese non-bank Financial Institution regulated by the State Bank of Vietnam and listed on the UPCoM Stock exch

This latest update confirms that global microfinance recovery continues, especially in Africa, but pandemic’s longterm impact remains uncertain.

Read the latest snapshot : Snapshot: MFIs During the Crisis – July 2021

About this snapshot
This snapshot is part of a series published by CGAP an

Symbiotics, the leading market access platform for impact investing, has arranged a USD 15.1 million Green Bond for Seylan Bank PLC (“Seylan”).

Seylan will use the proceeds of the Green Bond for financing renewable energy projects within Sri Lanka, such as mini hydro power plants up to 25MW,

Symbiotics, the leading market access platform for impact investing, has arranged with Samunnati Financial Intermediation & Services Private Limited (“Samunnati”) its first Green Bond whereby the proceeds of USD 4.6 million in local currency equivalent are fully allocated towards climate sma

Symbiotics completed on 30 June 2021 its first independent verification demonstrating that its impact management process is aligned with the Operating Principles for Impact Management. The verification was conducted by Tameo Impact Fund Solutions.

The International Finance Corporation (IFC) launc