Keys to enterprising as a senior citizen Until recently, people thought that useful working-life ended the day one retired from his job. Nonetheless, this belief has changed…
Fondo Esperanza signs cooperation agreement with Universidad Tecnológica of Chile Signatures were stamped to seal the cooperation agreement between Fondo Esperanza’s Osorno Office and the Administration Studies of Chile’s Universidad…
Enterprising mothers in Chile Almost 600 thousand Chilean women have turned entrepreneurship into their main economic activity. 87% of them are mothers and more…
Banco ADOPEM has granted 164,885 loans Over the course of 2012, the bank delivered to micro and small enterprises 164,885 loans, totaling RD$3,596,903,815 million. Mercedes Canalda…
Caja Nuestra Gente, the best microfinance institution in Latin America and the Caribbean Caja Rural de Ahorro y Crédito Nuestra Gente, part of the BBVA Microfinance Foundation in Peru, has been named the…
BBVA Microfinance Foundation and Credicoop relaunch operations in Chile under a new brand name “Emprende Microfinanzas” Emprende Microfinanzas aspires to consolidate its leadership in providing specialized services for the most disadvantaged, with specialized microfinance products and…
Fondo Esperanza SpA, a new microfinance entity, created to support low-income entrepreneurs in Chile Fondo Esperanza SpA will be a leader in the Chilean microfinance sector using community banking methodology. The goal is to…
BBVA Microfinance foundation launches the Universal Corporate Governance code for the Latin American microfinance sector Ninety percent of microfinance institutions have weak or non-existing corporate governance structures Corporate Governance ensures the correct management and administration…
Fondo Esperanza and BBVA Microfinance Foundation join to help low-income small entrepreneurs The newly-created company will be positioned as a leader in the Chilean microfinance sector with community banking methodology. The goal…
BBVA Microfinance Foundation enters Panama Acquires 70% of the capital of Microserfín to facilitate access to credit for low-income entrepreneurs in Panama Microserfín has 9,000…
BBVA Microfinance Foundation acquires the entity “Financiera Confianza” to go further into the poorest rural sectors of Peru The transaction includes the subsequent merger of Financiera Confianza with Caja Nuestra Gente and its conversion into a bank. The…
IFC invests US$10 million in Bancamía to strengthen foundation activities in Colombia IFC, the World Bank group organisation for the private sector, is to invest up to US$10 million in preference shares…