Daily Archives | Ecuador
Protection Through MFIs in Ecuador and Peru
March 29th, 2012
READ MOREOikocredit, a Dutch cooperative investment fund, and Freedom from Hunger, a US-based NGO are planning to partner with six microfinance institutions of Peru and Ecuador to implement a microfinance and health protection model. Both institutions have developed customized programs with …
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 …
Mobile Money Conference in Mexico
January 25th, 2012
READ MOREThe conference “Mobile Money: Connected Americas” will be held in Mexico next March. It will focus on academic research on mobile money with an emphasis on the Americas. Experts of mobile money technologies will present strategies for mobile money deployment …
Ecuador Borrows from China
January 25th, 2012
READ MORELast month Ecuador received a loan commitment from China for at least US $ 1 billion, helping finance a budget deficit that is projected to reach $4.23 billion in 2012, asserted in an interview Pedro Delgado, president of the Central …
IDB Supports Microcredit in Ecuador
December 16th, 2011
READ MOREThe Inter American Development Bank (IDB) approved a US 50 million loan to expand access to microcredit in Ecuador among low-income women. The loan will be managed by the National Program for Finance, Entrepreneurship, and Economic Solidarity (PNFPEES) that works …
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 …
First Lady Promotes Women Empowerment
November 10th, 2011
READ MOREWomen’s empowerment is an important issue in Latin American countries. Margarita Cedeño de Fernández, Dominican first lady, spoke before a crowd of seven hundred at the 2011 Wisconsin Women’s Business Initiative Corp. luncheon, in the first week of November. She …
Babyloan Offers Loans to Borrowers in France
October 27th, 2011
READ MOREAccording to news reported by www.kivafriends.org, the French micro-lending site Babyloan is now offering loans to borrowers in France in addition to developing world countries. Babyloan’s website presents snapshots of the rich mosaic created by micro-entrepreneurs across the world. They …
Ecuador: MF to Stop Climate Change
September 16th, 2011
READ MOREEcuador’s government with technical support from the Global Mechanism has published an innovative project: Ecuador’s Sustainable Land Management – Climate Change Microfinance Strategy. This research paper presents a wide and sustainable approach to mobilizing fresh financial resources for land management …