by Elva Montelongo -

MICROCAPITAL BRIEF: Maquita Cushunchic Borrowing $2m from DID Aequitas Fund for Microfinance, Small-enterprise Lending in Ecuador

Cooperativa de Ahorro y Crédito Maquita Cushunchic, a financial institution founded by women in Ecuador, recently accepted a loan of USD 2 million from Aequitas, a fund managed by a holding of Desjardins International Development (DID), which in turn is a member of the Canada-based cooperative Desjardins Group. Maquita Cushunchic, which mainly serves micro- and small enterprises, was founded in 1997 and since has grown to serve

by Anaya Jhaveri -

MICROCAPITAL BRIEF: Pro Mujer Borrows $2m from Aequitas Impact Fund to Uplift Women-owned Businesses in Nicaragua

The Canadian NGO Desjardins International Development (DID) recently lent USD 2 million from its Aequitas Impact Fund to the Nicaragua-based unit of Pro Mujer, a US-based NGO that supports women and their businesses with health, training,