News

68% of Banco ADOPEM’s portfolio are women

Dominican women have increased their participation in the labor market. On the occasion of International Women’s Day, Banco ADOPEM reports…

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…

Banco ADOPEM increases its credit portfolio by 19%

According to its financial report, Banco ADOPEM’s current credit portfolio was up over 19% in 2015 compared to the previous…

WBG President Kim Visits IFC Microfinance Client in Colombia

World Bank Group President, Jim Yong Kim, met with a small group of microfinance beneficiaries of Bancamía during a recent…

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…

Banco ADOPEM is the first microfinance institution in the Dominican Republic to receive the Smart Campaign certification

Santo Domingo, Dominican Republic – The savings and loan bank ADOPEM, S.A. has obtained the Client Protection Certification awarded by…

Banco ADOPEM expands its services in the Dominican Republic with new branch offices and banking subagents

Banco ADOPEM has reinforced its network of customer service points for disadvantaged entrepreneurs in the Dominican Republic. In the last…

The Foundation publishes fifth issue of its legal magazine on the microfinance sector

The new issue of “Progreso: Responsible Finance for Inclusion and Development” includes an Editorial by Javier M. Flores Moreno, CEO…

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…

The BBVA Microfinance Foundation takes part in the annual meeting of the European Venture Philanthropy Association

Claudio González-Vega, Chairman of the Trustees of the BBVA Microfinance Foundation, said at the annual meeting of the European Venture…

Fondo Esperanza supports inmates in the Puente Alto prison in promoting their enterprises

The Preventive Detention Center in this community is the first penitentiary in the metropolitan region to sign an agreement with…

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…