{"id":11772,"date":"2017-06-29T10:31:56","date_gmt":"2017-06-29T08:31:56","guid":{"rendered":"http:\/\/www.fundacionmicrofinanzasbbva.org\/en\/?p=11772"},"modified":"2017-07-05T20:24:27","modified_gmt":"2017-07-05T18:24:27","slug":"progreso-celebrates-bbvamfs-10th-anniversary-conducting-an-interview-with-nobel-laureate-sir-angus-deaton","status":"publish","type":"post","link":"https:\/\/www.fundacionmicrofinanzasbbva.org\/en\/progreso-celebrates-bbvamfs-10th-anniversary-conducting-an-interview-with-nobel-laureate-sir-angus-deaton\/","title":{"rendered":"Progreso celebrates BBVAMF\u2019s 10th anniversary, conducting an interview with Nobel laureate, Sir Angus Deaton"},"content":{"rendered":"

The latest issue of the online journal, Progreso: Corporate Governance, Inclusion and Development<\/a>,<\/em> includes an interview with Sir Angus Deaton<\/strong>, winner of the Nobel Prize for Economics in 2015<\/strong>, conducted during his visit to\u00a0Madrid as keynote speaker at the Forum on Financial Inclusion and Development<\/a>, part of the BBVA Microfinance Foundation’s 10th<\/sup> anniversary commemorative events.<\/p>\n

During his speech, the Nobel laureate highlighted that “<\/strong>the methods and techniques of microfinance are a kind of useful knowledge that can benefit poor people worldwide.”<\/strong>\u00a0<\/em>He also acknowledged the significant role of financial institutions in providing secure, convenient tools to help households gain access to a range of savings and insurance products and services.<\/p>\n

In the Editorial<\/strong>, the Chairman of the BBVAMF Board of Trustees, Claudio Gonz\u00e1lez-Vega<\/strong>, makes a fascinating analysis of the relationship between the Foundation and the Development Goals for 2030. He is convinced that \u201cphilanthropy for development should be value-based, client-centered, knowledge-intensive, cooperation-enhanced, diversity-nurturing, efficient, broadly sustainable, properly regulated, with measurable results, and alliance-builder<\/strong>\u201d.<\/p>\n

The Chairman of the Board of Trustees also contributes an article on The regulation of microfinance<\/strong><\/em>, in which he argues that \u201c<\/em>microfinance deserves prudential norms different from those that are suitable for commercial banking and consumer finance.\u201d<\/em><\/p>\n

\"Recurso

\u201cMicrofinance deserves prudential norms different from those that are suitable for commercial banking and consumer finance\u201d<\/p><\/div>\n

This issue also includes an article by Mart\u00edn Naranjo<\/strong>, general manager of Financiera Confianza, entitled Quint\u00edn<\/strong><\/em>. He tells the exemplary case of Quint\u00edn Quispe, the Peruvian entrepreneur who participated in the panel held to showcase \u201c<\/em>Entrepreneurs\u2019 experience with BBVAMF\u201d,<\/em> as part of the event in Madrid to celebrate the Foundation\u2019s full decade of activity. Mart\u00edn Naranjo explains that what has set the BBVAFM apart is its ability to \u201ccreate and test the best technology alternatives to be able to help customers like Quint\u00edn in his endeavours to make a better future.<\/strong>\u201d And he adds that \u201cto better understand any financial inclusion strategy, it is crucial to understand how the different networks that support the development of financial systems are articulated.<\/em>\u201d<\/p>\n\"\"\n

The article Fitting the pieces together <\/em><\/strong>to understand our client\u2019s reality<\/em><\/strong>\u00a0is signed by Stephanie Garc\u00eda Van Gool<\/strong>, head of the BBVAMF Impact Assessment and Strategic Development department. She explains the measurement model used by the Foundation to better understand its impact in quantitative terms. She describes how the Foundation goes \u201c<\/em>out of our way to gain in-depth understanding of our microentrepreneurs, so that we can customise our products to their needs and work with them to improve their living conditions.\u201d<\/p>\n

Progreso<\/em> also gives a summary of the latest regulations affecting the microfinance industry, especially in Latin America, and the most recent corporate governance standards, focusing on the European Union directive on transparent, active shareholder engagement, and the EU guidelines for vetting directors sitting on the boards of European companies.<\/p>\n

\"\"<\/span>
Progreso<\/strong><\/div>
in English<\/div>
Read more<\/a><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

The latest issue of the online journal, Progreso: Corporate Governance, Inclusion and Development, includes an interview with Sir Angus Deaton, winner of the Nobel Prize… Read more »<\/a><\/p>\n","protected":false},"author":13,"featured_media":11766,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1437,1309,1711,1035],"tags":[1828,1835,1130,1244,1037,1834,100,718,364,1405,1833],"class_list":["post-11772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-progreso-en","category-progreso-en-2","category-desarrollo-del-sector-en","tag-angus-deaton","tag-economics","tag-financiera-confianza","tag-microfinance","tag-newsletter","tag-nobel-prize","tag-peru","tag-peru-en","tag-progreso","tag-progreso-en-2","tag-regulation","paises-espana"],"acf":[],"yoast_head":"\nProgreso celebrates BBVAMF\u2019s 10th anniversary, conducting an interview with Nobel laureate, Sir Angus Deaton - Fundaci\u00f3n Microfinanzas BBVA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fundacionmicrofinanzasbbva.org\/en\/progreso-celebrates-bbvamfs-10th-anniversary-conducting-an-interview-with-nobel-laureate-sir-angus-deaton\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Progreso celebrates BBVAMF\u2019s 10th anniversary, conducting an interview with Nobel laureate, Sir Angus Deaton - Fundaci\u00f3n Microfinanzas BBVA\" \/>\n<meta property=\"og:description\" content=\"The latest issue of the online journal, Progreso: Corporate Governance, Inclusion and Development, includes an interview with Sir Angus Deaton, winner of the Nobel Prize... 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