MICROCAPITAL BRIEF: Microfinance Institution Fundacion Espoir Receives $2m Investment from MicroVest, Targeting Women-led Businesses in Ecuador

MicroVest, a debt-focused asset manager owned by US-based DAI Global, recently agreed to lend USD 2 million to Ecuador’s Fundacion Espoir, an NGO providing microcredit, insurance and financial education. The goal is to support Fundacion Espoir in assisting women-led micro-, small, and medium-sized enterprises (MSMEs) in recovering from the economic fallout of the COVID-19 pandemic and