News

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…

Javier Flores Moreno, new CEO of the BBVA Microfinance Foundation

The Foundation is enhancing its organisational and management structure to adapt to the extraordinary growth the institution has undergone in…

Servicios Microfinancieros founded to facilitate economic and social development of low-income earners in Chile

Servicios Microfinancieros S.A. is the result of co-operation between BBVA Microfinance Foundation and the Credicoop co-operative. The new institution seeks…

BBVA Microfinance Foundation, Universidad Javeriana and Spain’s Open University (UNED) are to train expert executives in microfinance in Colombia

July will see the introduction of the Diploma as Expert Executive in Microfinance launched by the Foundation in partnership with…