Latin America | MicroCapital - Page 6
  • MicroCapital Monitor

    MicroCapital Monitor<br>Subscribe to our monthly market report
    Our pdf newspaper includes you everything you need to know about microfinance news, research, events and key players.

  • Supporters

» Currently browsing: Latin America


Saturday, February 23, 2013

MICROFINANCE PAPER WRAP-UP: “Microinsurance Product Development for Microinsurance Providers;” by Michael J. McCord; published by Microfinance Centre, Microinsurance Centre, International Fund for Agricultural Development

By Michael J. McCord; published by the Microfinance Centre for Central and Eastern Europe and the New Independent States, the Microinsurance Centre and the International Fund for Agricultural Development (IFAD); 2012; 124 pages; available at: http://www.ifad.org/ruralfinance/wrmf/manual.pdf

In this manual, Mr. McCord proposes a “systematic new-product development process” for the microinsurance market. Continue Reading »

Share


Friday, February 22, 2013

MICROFINANCE EVENT: Mobile Money Americas Conference & Expo, April 15 – 17, 2013, Mexico City, Mexico

Event Name: Mobile Money Americas Conference & Expo 2013

Event Date: April 15 – 17, 2013

Event Location: Westin Santa Fe, Mexico City, Mexico Continue Reading »

Share


Friday, February 22, 2013

MICROCAPITAL BRIEF: Multilateral Investment Fund (MIF) to Invest $2.5m in Equity in Microfinance Institution FONDESA of the Dominican Republic as it Seeks to Become a Regulated Entity

The Multilateral Investment Fund (MIF), a member of the US-based IDB (Inter-American Development Bank) Group, reportedly has approved a USD 2.5 million equity investment in El Fondo para el Desarrollo, Inc. (FONDESA), a nonprofit microfinance institution in the Dominican Republic. The investment is intended to help FONDESA acquire status as a regulated microfinance institution under the new name Banco de Ahorro y Crédito FONDESA (BANFONDESA). Continue Reading »

Share


Thursday, February 21, 2013

MICROCAPITAL BRIEF: Symbiotics Disburses $10m Syndicated Loan to Fundacion de la Mujer Bucaramanga of Colombia

Symbiotics Investment Group, a Swiss for-profit microfinance investment intermediary, recently disbursed a USD 10 million syndicated loan to Fundacion de la Mujer Bucaramanga, a microfinance institution (MFI) in Colombia. Continue Reading »

Share


Thursday, February 21, 2013

MICROFINANCE PUBLICATION ROUND-UP: Banking on Change Partnership for Financial Inclusion in Africa; Findings on Financial Inclusion in Nigeria; Snapshot of Microfinance in Latin America and the Caribbean

Banking on Change: Breaking the Barriers to Financial Inclusion;” published by Plan UK, Barclays and Care International UK; January 2013; 28 pages; available at: http://www.careinternational.org.uk/research-centre/microfinance/251-banking-on-change-breaking-barriers-to-financial-inclusion Continue Reading »

Share


Tuesday, February 19, 2013

MICROCAPITAL BRIEF: Citigroup Launches Citi Mobile Collect in the Dominican Republic

The US-based financial service provider Citigroup reportedly has made its Citi Mobile Collect payment program available in the Dominican Republic. Continue Reading »

Share


Monday, February 11, 2013

MICROCAPITAL BRIEF: International Finance Corporation (IFC) to Donate $2m to Microinsurance Catastrophe Risk Organization (MiCRO) of Barbados, Insurer to Haiti’s Fonkoze

The International Finance Corporation (IFC), a member of the US-based World Bank Group, recently announced plans to donate USD 1.96 million to the Microinsurance Catastrophe Risk Organization (MiCRO), a Barbados-based company that was established in 2011. Continue Reading »

Share


Saturday, February 9, 2013

MICROCAPITAL BRIEF: Austria’s Vision Microfinance Funds Loan $5m to MFIs in Colombia, Mexico, Paraguay

Austria-based asset management company Absolute Portfolio Management (APM) recently announced that it has disbursed the equivalent of USD 5 million to microfinance institutions (MFIs) in Latin America through its two Dual Return-Vision Microfinance funds in early 2013. Continue Reading »

Share


Monday, February 4, 2013

MICROFINANCE PUBLICATION ROUND-UP: Property Microinsurance in Colombia, Portfolio Reviews for Microfinance Funders, Microfinance Rating Comparability

MILK Brief #18: Doing the Math with Property Microinsurance in Coastal Colombia;” by Barbara Magnoni and Derek Poulton; published by Microinsurance Centre; October 2012; 2 pages; available at: http://www.microinsurancecentre.org/milk-project/milk-docs/doc_details/914-condensed-milk-18-doing-the-math-with-property-microinsurance-in-coastal-colombia.html Continue Reading »

Share


Monday, January 28, 2013

MICROCAPITAL BRIEF: Scotiabank of Canada to Extend Microcredit in Mexico

Scotiabank, a Canada-based bank, reportedly expects to increase the number of microloans it extends to consumers and small businesses in Mexico, in amounts ranging from CAD 300 (USD 297) to CAD 3,000 (USD 2,970).
Continue Reading »

Share


Thursday, January 24, 2013

MICROCAPITAL BRIEF: Peru Passes Law Enabling Mobile Payment System for General Use, Government-to-Person Payments

The government of Peru reportedly has passed a law governing a new electronic payment system that allows residents to make payments and money transfers via mobile phones. Continue Reading »

Share


Tuesday, January 22, 2013

MICROCAPITAL BRIEF: IFC, Global Agriculture and Food Security Program Invest $10m in Root Capital for Farmers in Africa, Latin America

The International Finance Corporation (IFC), the private-investment arm of the US-based World Bank Group, and the private-sector office of the Global Agriculture and Food Security Program (GAFSP), a multilateral mechanism established by the G20 group of 20 large economies, have announced that each of the organizations will invest USD 5 million in Root Capital, a US-based nonprofit social investment fund. Continue Reading »

Share


Tuesday, January 22, 2013

MICROCAPTIAL BRIEF: Microfinance Network FINCA International Opens Data Processing Center in US

The Foundation for International Community Assistance (FINCA) International, a U.S.-based nonprofit microfinance network with 10,000 employees in the Americas, sub-Saharan Africa and Eurasia, reportedly has opened its “Americas’ Data Center” which will process data for the organization’s headquarters in the US city of Washington, DC, and its Latin American subsidiaries [1]. Continue Reading »

Share


Tuesday, January 15, 2013

MICROFINANCE PUBLICATION ROUND-UP: Regulation and Supervision of Microfinance; Financial Inclusion in Russia; Life Microinsurance in Mexico

A Guide to Regulation and Supervision of Microfinance;” by Robert Peck Christen, Kate Lauer, et al; published by CGAP (Consultative Group to Assist the Poor); October 2012; 120 pages; available at: http://www.cgap.org/publications/guide-regulation-and-supervision-microfinance Continue Reading »

Share


Monday, January 14, 2013

MICROCAPITAL BRIEF: Austria’s Absolute Portfolio Management Loans $11m to Microfinance Institutions Through Vision Microfinance Funds, Including $1.5m to Pro Mujer Bolivia, $1.5m to PRIDE Tanzania, $750k Renewed to FINCA Tanzania

In December 2012, Dual Return-Vision Microfinance and Dual Return-Vision Microfinance Local Currency, two funds managed by Austria-based asset management company Absolute Portfolio Management (APM), disbursed a total equivalent to USD 11.75 million in loans to microfinance institutions (MFIs) worldwide, including MFIs in Latin America and Africa. Continue Reading »

Share


Sunday, January 13, 2013

MICROCAPITAL BRIEF: Global Partnerships Agrees to Loan Up to $500k to Friendship Bridge for Microcredit for Rural Guatemalan Women

Global Partnerships (GP), a nonprofit investor based in the US city of Seattle, Washington, has launched a partnership with Friendship Bridge, a US-based nonprofit microfinance institution that provides rural Guatemalan women with microcredit loans as well as business and preventive health education. Continue Reading »

Share


Wednesday, January 2, 2013

MICROCAPITAL BRIEF: International Finance Corporation (IFC) Loans $5m to La Nacional of the Dominican Republic for Housing, Small and Medium-Sized Enterprise (SME) Lending

The International Finance Corporation (IFC), a member of the World Bank Group, reportedly has disbursed a loan of DOP 195 million (USD 4.8 million) to Asociacion La Nacional de Ahorros y Préstamos, a microfinance institution in the Dominican Republic, to increase its mortgage lending for housing and loan financing for small and medium-sized enterprises. Continue Reading »

Share


Thursday, December 20, 2012

MICROCAPITAL BRIEF: Banco G&T Continental of Guatemala Borrows $100m from International Finance Corporation (IFC) to Expand Outreach to SMEs in Costa Rica, El Salvador, Panama

Banco G&T Continental, a commercial bank based in Guatemala, recently received a loan of USD 100 million from the International Finance Corporation (IFC) Capitalization Fund, a unit of World Bank Group Member IFC. This loan is intended to help the bank expand services to small and medium-sized enterprises (SMEs) in Costa Rica, El Salvador and Panama. Continue Reading »

Share