Mastercard and CAF Form Strategic Alliance to Fuel Caribbean Small Business Growth

The partnership between Mastercard and CAF represents a significant shift for the financial landscape across the Caribbean region. This strategic alliance is designed to bridge the gap in credit access for micro, small, and medium enterprises, which often face hurdles when seeking traditional bank financing. A major pillar of this initiative is the empowerment of women-led businesses, providing them with specific tools and capital to grow their operations. Furthermore, the collaboration prioritizes projects with clear climate impact objectives, aligning regional economic growth with environmental sustainability. By leveraging Mastercard’s digital infrastructure and CAF’s developmental expertise, the program aims to foster a more inclusive and resilient Bajan and regional business sector.