{"id":29301,"date":"2020-02-21T09:49:04","date_gmt":"2020-02-21T08:49:04","guid":{"rendered":"http:\/\/www.fundacionmicrofinanzasbbva.org\/premio-la-estrategia-apoyo-la-mujer-la-fundacion-microfinanzas-bbva\/"},"modified":"2020-03-20T17:53:12","modified_gmt":"2020-03-20T16:53:12","slug":"premio-la-estrategia-apoyo-la-mujer-la-fundacion-microfinanzas-bbva","status":"publish","type":"post","link":"https:\/\/www.fundacionmicrofinanzasbbva.org\/en\/premio-la-estrategia-apoyo-la-mujer-la-fundacion-microfinanzas-bbva\/","title":{"rendered":"BBVA Microfinance Foundation is awarded for its commitment to women support"},"content":{"rendered":"<p>BBVA Microfinance Foundation (BBVAMF) has been awarded for its contribution to <a href=\"http:\/\/www.fundacionmicrofinanzasbbva.org\/en\/sector-development\/empoderamiento-la-mujer\/\">SDG5 \u201cGender Equality\u201d<\/a> during the \u201cgo!ODS Awards\u201d, where the Foundation was acknowledged <strong>for designing a specific and innovative strategy for the 1.2 million women it serves across five countries in Latin America.<\/strong> Aside from offering products and services that break barriers for women\u2019s access to enterprising opportunities, the Foundation also uses social impact indicators segregated by gender, and at the same time, forms partnerships with leading development organizations to close gender gaps through training in digital tools, business management and access to support networks.<\/p>\n<p>Among the financial products offered, the cancer insurance policy for the female entrepreneurs is the most innovative. Starting from 1 euro per month, it covers treatment or cosmetic surgery associated with breast cancer. This insurance is groundbreaking in the microfinance sector, and has just been launched in <a href=\"http:\/\/www.fundacionmicrofinanzasbbva.org\/en\/entidades\/bancamia\/\">BBVAMF\u2019s institution in Colombia<\/a>, in partnership with Mapfre. Additionally, also available in Panama are services such as health care, psychological and legal aid, and preventive testing (mammograms, ultrasound scan or pap smear).<\/p>\n<p>Through financial inclusion, BBVAMF boosts the economic independence of women entrepreneurs who face less opportunities to access employment. In its more than 12 years of activity, and thanks to its <a href=\"http:\/\/www.fundacionmicrofinanzasbbva.org\/en\/social-impact-assesment\/\">social impact assessment methodology<\/a>, the Foundation has proven that even if women start a business with less assets and with smaller amounts of disbursed loans, their activities grow faster than those managed by men, and most of them cross the poverty threshold. <strong>Since the Sustainable Development Goals were approved in 2015, 8 out of 10 entrepreneurs who have abandoned poverty are women.<\/strong><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">When we believe in them by facilitating their access to opportunities, their families&#8217; well-being improves.&#8221;<\/span><\/p><\/blockquote>\n<p>According to the head of Women\u2019s Empowerment in BBVAMF, Laura Fern\u00e1ndez, \u201c<strong>female entrepreneurs are much more vulnerable, almost half of them are heads of households.<\/strong> When we believe in them by facilitating their access to opportunities, their families\u2019 well-being improves. They are the cornerstone of a country\u2019s progress and supporting them is essential if we want to comply with the 2030 Agenda.\u201d<\/p>\n<div id=\"attachment_29284\" style=\"width: 610px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-29284\" class=\"wp-image-29284\" src=\"http:\/\/www.fundacionmicrofinanzasbbva.org\/wp-content\/uploads\/2020\/02\/DS173545.jpg\" alt=\"\" width=\"600\" height=\"400\" srcset=\"https:\/\/www.fundacionmicrofinanzasbbva.org\/wp-content\/uploads\/2020\/02\/DS173545.jpg 2592w, https:\/\/www.fundacionmicrofinanzasbbva.org\/wp-content\/uploads\/2020\/02\/DS173545-180x120.jpg 180w, https:\/\/www.fundacionmicrofinanzasbbva.org\/wp-content\/uploads\/2020\/02\/DS173545-768x512.jpg 768w, https:\/\/www.fundacionmicrofinanzasbbva.org\/wp-content\/uploads\/2020\/02\/DS173545-1024x683.jpg 1024w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><p id=\"caption-attachment-29284\" class=\"wp-caption-text\">Awarding ceremoy held at the auditorium of Rafael del Pino Foundation<\/p><\/div>\n<h2>2nd Edition of the go!ODS Awards<\/h2>\n<p>The \u201cgo!ODS Awards\u201d, promoted by the Global Compact\u2019s Spanish Network and Rafael del Pino Foundation, has received more than 200 nominations and has awarded 18 organizations, one for each SDG (2 in SDG 12), where other prominent institutions like Iberia, Mahou, San Miguel, Profuturo or the Polytechnic University of Madrid have also been acknowledged for their contribution to the Goals, along with BBVAMF. These awards select innovative Spanish initiatives in the private sector that encourage dialogue and collaboration among different sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BBVA Microfinance Foundation (BBVAMF) has been awarded for its contribution to SDG5 \u201cGender Equality\u201d during the \u201cgo!ODS Awards\u201d, where the Foundation was acknowledged for designing&#8230;  <a class=\"excerpt-read-more\" href=\"https:\/\/www.fundacionmicrofinanzasbbva.org\/en\/premio-la-estrategia-apoyo-la-mujer-la-fundacion-microfinanzas-bbva\/\" title=\"Read BBVA Microfinance Foundation is awarded for its commitment to women support\">Read more &raquo;<\/a><\/p>\n","protected":false},"author":13,"featured_media":29282,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[766],"tags":[1222,3504,731,3503,1686],"class_list":["post-29301","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-awards","tag-gender-equality","tag-premios-goods","tag-recognition","tag-sdg5","tag-women-empowerment"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BBVA Microfinance Foundation\u2019s support for women receives an award<\/title>\n<meta name=\"description\" content=\"BBVA Microfinance Foundation (BBVAMF) has been awarded for its contribution to SDG5 \u201cGender Equality\u201d during the \u201cgo!ODS Awards&quot;.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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