BBVAMF’s entity in Chile is the first microfinance institution to issue a social commercial paper in the market Today, Fondo Esperanza, a BBVAMF affiliate, announced its inaugural social commercial paper issuance under the 500.000 UF (Chilean Unit of…
BBVAMF’s Colombian institution and IFC (World Bank Group) join forces to support Venezuelan immigrants According to Migración Colombia, as of 30th of June, the country registered more than 1.76 million Venezuelan immigrants.
Experts agree: universal access to financial services and supporting women will reduce poverty Innovation and new technologies are key to accelerate financial inclusion
The BBVA Microfinance Foundation signs an undertaking with the World Bank to promote universal financial inclusion The Universal Financial Access 2020 initiative seeks to facilitate access to basic financial services to the two billion people who…
IFC Launches Second Taino Bond, Raising $4 Million for Microfinance in the Dominican Republic IFC, a member of the World Bank Group, issued a six-and-a-half-year 180 million Dominican peso-denominated bond (approximately $4 million) to…
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…
IFC and Banco ADOPEM support 140,000 new loans for microentrepreneurs in the Dominican Republic The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement to endow Banco ADOPEM…
Forum for Rural Development, a space to learn about the current situation and propose changes The microfinance bank Bancamía S.A., BBVA Microfinance Foundation, the International Financial Corporation (IFC) and the National Planning Department (DNP) are…
The IFC approves PEN 50 million for Financiera Confianza in Peru International Finance Corporation, a World Bank Group institution dealing with the private sector, will provide PEN 50 million (USD 18…
International Finance Corporation and the BBVA Microfinance Foundation join forces to transform the microfinance sector in Latin America The objective is to allow microfinancial institutions to increase the services they offer in order to benefit more people without…