60% of the entrepreneurs served by the BBVAMF have escaped poverty in five years Closing gaps, creating opportunities Data from the Social Performance Report, that measures the development of 3 million vulnerable people, show that…
To progress and to protect the environment: a challenging but necessary balance Juan Cruz Aruquipa is a Peruvian entrepreneur of Aymara origin. The Aymaras have been dwelling on Lake Titicaca’s andean plateau…
Over 37,000 women customers of Financiera Confianza are heads of single-parent households In 2015 Financiera Confianza supported over 58,000 mothers, 65% of whom –37,700– are heads of household; in other words, single…
31% of Financiera Confianza’s female customers rose out of poverty in 2015 thanks to their entrepreneurship Over 33,000 of Financiera’s female entrepreneurs rose out of poverty in 2015 by running an enterprise with the support of…
Vulnerable entrepreneurs from rural areas of Peru receive financial literacy training and advice on savings in Quechua More than 9,000 poor and extremely poor entrepreneurs living in rural areas in Apurímac and Cusco (Peru), the vast majority…
Workshop on financial inclusion in rural communities in Peru Public, private and civil society institutions in Peru involved with financial inclusion took part in a forum to debate efficient…
FMO supports low income entrepreneurs in rural areas of Peru The Dutch development bank, FMO, provides a USD 20 million loan facility to Financiera Confianza (Confianza) in Peru, an entity…
Financiera Confianza is chosen as the Most Innovative Bank for its promotion of formal savings in rural areas of the country The award recognizes the bank’s role in bringing financial literacy training and the promotion of savings to 7,000 people in…
Financiera Confianza promotes savings as a tool for improving quality of life in rural areas of Peru Financiera Confianza has brought financial literacy and the promotion of savings to 7,000 people in rural areas of Apurímac and…
55% of Financiera Confianza’s customers are able to rise out of poverty in the third year of their association with the bank To mark the International Day for the Eradication of Poverty, Financiera Confianza announces that its methodology has enabled 55% of…
Good corporate governance is a key factor in the governance of microfinance institutions The BBVA Microfinance Foundation organized the 8th Training Workshop in Corporate Governance for Microfinance Institutions (MFI), as part of its…
Financiera Confianza is the first private institution in Peru to roll out a savings program in rural areas - The “Ahorro para Todos” (Saving for Everyone) program has brought financial literacy and training to 4,500 poor and extremely…