Daily Archives | Bolivia
Bolivia Seizes Spanish Power Company
May 3rd, 2012
READ MOREBolivian President Evo Morales announced on Tuesday the expropriation of Spanish firm Red Eléctrica Española and ordered the Army to take over the firm’s headquarters. The Bolivian government is in contact with Spanish authorities and offered a fair compensation for …
Food Inflation Affects South America
April 4th, 2012
READ MORELatin American press agency MercoPress reveals in a note published yesterday that in 2010 and 2011 inflation has stabilized between 6% and 7% in South America, according to the latest report of the Food and Agriculture Organization (FAO). Nevertheless food …
Microfinance Growth Fund Invests in Latin America
February 21st, 2012
READ MOREManaged by Switzerland’s Blue Orchard Finance, the Microfinance Growth Fund (MiGroF) supports microfinance institutions in Latin America. It closed 2011 with US 85 million in outstanding loans and 23 million in un-invested capital in the region. Its total assets are …
Bolivian Mining Exports Rose to Record
February 3rd, 2012
READ MOREOn January the Bolivian Mining and Metallurgy Ministry said that Bolivia’s mining exports reached a record high of US $3.39 billion in 2011 against US $2.40 billion in 2010. Mining Minister José Pimentel revealed that mining exports increased by 993 …
GDP in Bolivia: 2009-2011
January 24th, 2012
READ MOREIn 2010 The Andean National Statistics Institute reported that Bolivian economy, one of the fastest growing in Latin America, slowed to 3.36% in 2009 because natural gas and oil sectors were affected by the global economic slowdown. The global crisis …
The Best MFI’s in Latin America
December 14th, 2011
READ MOREMicrofinance Information Exchange, the Multilateral Investment Fund and the International Development Bank have presented a ranking of the best microfinance institutions in Latin America and the Caribbean. The selection includes one hundred entities; the top ten are: 1. CRAC Nuestra …
Kiva Keeps Growing in Bolivia
September 21st, 2011
READ MOREExplaining the successful operations of Kiva in developing countries, Sebastian Murdoch Gibson, news writer for The Argus, published by the Lakehead University Students Union in Canada, mentions the example of Bolivia. The borrower posts a profile to Kiva explaining its …
21 Corporate Groups own Bolivian Banks
August 23rd, 2011
READ MOREThe Supervision Authority of Financial System in Bolivia has released its 210 Statistical Yearbook. The report reveals that the banking system has a consolidated capital of about US $800 million. 21 corporate, investments and entrepreneurial groups are the owners of Bolivian …
First Crop Insurance Scheme in Bolivia
August 22nd, 2011
READ MOREBolivia’s rural areas are especially vulnerable to natural disasters and farmers suffer the financial effects of drought, frost, hail, floods and other calamities that destroy their crops. Sometimes they lose everything but, nevertheless, they have debts to pay. Luis Álvaro Toledo, …