{"id":6527,"date":"2016-11-23T12:13:34","date_gmt":"2016-11-23T12:13:34","guid":{"rendered":"http:\/\/www.fundacionmicrofinanzasbbva.org\/en\/?page_id=6527"},"modified":"2025-10-01T11:01:34","modified_gmt":"2025-10-01T09:01:34","slug":"about-the-foundation","status":"publish","type":"page","link":"https:\/\/www.fundacionmicrofinanzasbbva.org\/en\/institutional\/about-the-foundation\/","title":{"rendered":"About the Foundation"},"content":{"rendered":"
\n\"brujula\"\n

Our purpose<\/h2>\n
\n

The sustainable development of people
\nunder vulnerable conditions who own
\nproductive activities.<\/span><\/p>\n<\/div>\n

\n\"faro-vision\"\n

Our model<\/h2>\n
\n

“Productive Finance”:<\/strong><\/a>\u00a0<\/strong><\/span>financial services, training and advice for people who live in vulnerable conditions, so they could progress through the net income derived from their productive activities.<\/p>\n<\/div>\n

<\/div>\n

History<\/h2>\n
\n

In May 2007, BBVA<\/a> set up the non-profit organisation<\/strong> BBVA Microfinance Foundation (BBVAMF), created within its corporate social responsibility framework, for the purpose of promoting sustainable and inclusive economic and social development for people under vulnerable conditions\u00a0<\/span>by using Productive Finance, the Foundation\u2019s own specialty and methodology. To this end, it donated \u20ac200 million to the Foundation, while making available all the professional experience of an institution that has been in banking for nearly 160 years.<\/p>\n

In more than 16 years of activity, BBVAMF has observed that providing adequate financial products and services overtime to excluded and low-income entrepreneurs is key to generate development, as it also mitigates poverty and its consequences. During this period, institutions of the BBVA Microfinance Foundation have originated more than USD 22 billion to more than seven million low-income entrepreneurs, creating opportunities so they could improve their lives. This is how the Foundation has turned into one of the highest impact philanthropic initiatives, and the top provider of individual loans in the most unequal region of the planet.<\/p>\n","protected":false},"excerpt":{"rendered":"

Our purpose The sustainable development of people under vulnerable conditions who own productive activities. 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