Strategic partnerships

As a part of its collaborative effort, BBVAMF has established agreements with other organizations that advance and multiply the impact of its activities.

FINANCIAL INCLUSION

IDB

In October 2007, a Memorandum of Understanding (MOU) was signed with the Inter-American Development Bank to drive the accessibility of microfinance services in Latin America, through projects in areas such as corporate governance or human capital.

UNHCR

Since 2007, the UN Refugee Agency and the Red Cross have been working with our institution in Panama to bring opportunities closer to the refugees.

World Bank – IFC

In May 2008, a MOU was signed, involving a strategic collaboration in microfinance in Latin America. By the end of 2016 and as part of the Universal Financial Access 2020 initiative, the Foundation committed to facilitate access to more than 2.3 million low-income people.

Spanish Cooperation

In September 2014, the Foundation formalized a partnership with the State Secretary for International Cooperation and for Ibero-America, to combine forces and develop joint efforts in microfinance and financial inclusion. In June 2015, this partnership was consolidated by signing an agreement with Marca España.

ECOSOC Consultative Status 

In July 2016, United Nations granted the special consultative status through its Economic and Social Council (ECOSOC).

Development Bank of Latin America (CAF)

Ever since its creation, the Foundation has collaborated with the Development Bank of Latin America and in 2017, both organizations formalized their good relations with a MOU.

USAID

The United States Agency for International Development is a fundamental ally in the Empropaz program (Productive Enterprising for Peace), currently implemented in municipalities considered as “priority areas” in the Colombian peace process.

ICEX

In July 2019, a collaborative agreement was signed as part of the IMPACT+ program to drive social development in Latin America.

Mastercard Center for Inclusive Growth

The Agreement with the Mastercard Center for Inclusive Growth of January 2020 to cooperate in financial inclusion (women empowerment, capacitation, digitalization, payments, etc.) is being implemented with a project to support women entrepreneurs in Perú.

DIGITALIZATION

Microsoft

In April 2018, an agreement was signed to transform communities under vulnerable conditions.

EQUALS Global Partnership

The Foundation is, since April 2020, Member of this Global Partnership for Gender Equality in the Digital Age which brings together the main public and private sector actors to close the gender digital divide.

Trust of the Americas

In September 2021, a memorandum of understanding was signed with Trust for the Americas, a non-profit entity affiliated with the Organization of American States (OAS), to provide education programs to entrepreneurs, prioritizing training in digital and business skills, with the purpose of supporting the growth and sustainability of their businesses.

Edison Alliance (World Economic Forum)

In 2022, the BBVA Microfinance Foundation joined this alliance promoted by the World Economic Forum to accelerate access to digitization for all, with focus on financial inclusion, education and health.  In line with the Davos philosophy of collaboration and multi-sectoral impact it gathers the main leaders of the public and private sectors to reduce the digital divide.

Partner2Connect Digital Coalition

In June 2022, the BBVA Microfinance Foundation joined this multistakeholder alliance launched by the International Telecommunication Union (ITU, the United Nations specialized agency for information and communication technologies – ICTs) in close cooperation with the Office of the Secretary-General’s Envoy on Technology, and in line with the UN Secretary-General’s Roadmap for Digital Cooperation, to foster meaningful connectivity and digital transformation globally to facilitate access to those who are still offline (most of them in developing countries).

WOMEN’S EMPOWERMENT

UN Women

In February 2015, partnership with UN Women was formalized for the development and inclusion of low-income female entrepreneurs in Latin America.

FinEquity 

The Foundation is a member of FinEquity, a CGAP-developed platform that gathers organizations from around the world that work in financial inclusion and drive women’s economic empowerment.

ENVIRONMENTAL SUSTAINABILITY

United Nations Environment Program 

With the UN Environment Programme, a first MOU was signed in 2013 and a second MOU was signed in 2019 and various activities were implemented as part of the MEbA program (Microfinance for Ecosystem-based Adaptation). Furthermore, in December 2018 the Foundation endorsed the Principles for Responsible Banking of the UN Environment Programme’s Finance Initiative.

Habitat for Humanity

In March 2016, a framework agreement was formalized to facilitate access to decent housing for vulnerable segments in Latin America. In 2019 access to sustainable and secure housing was pushed thanks to a collaboration with the Terwilliger Center for Housing Innovation (Centro Terwilliger de Innovación en Vivienda).

Water.org

This agreement facilitates access to water and sewerage system to the homes of vulnerable populations.

IICA Inter-American Institute for Cooperation on Agriculture

The partnership was formalized with a collaboration agreement signed on November 2019 to drive Latin America’s rural development through smart agriculture and technology.

Philanthropy for Climate

BBVAMF joined the International Philanthropy Commitment on Climate Change and the Spanish national philanthropy commitment in June 2022.