| Microfinance Focus

Latin America News

Accion Invests in Mexican Microfinance Institution CrediConfia

Accion, a Global Microfinance Conglomerate has invested US $1.9m in CrediConfia, an east-central Mexico based Microfinance Company, according to an official release. The investment provides Accion with a nine percent stake in CrediConfia, a board seat, and the opportunity to engage in a three-year service...

Overindebtedness is a top issue in MF sector: Microfinance Banana Skins Survey 2012

The Microfinance Banana Skins Survey 2012 highlights concerns about overindebtedness, which was ranked as a top risk by over half of participating respondents. The report describes the risks facing the global microfinance industry in the early part of 2012, a time when it is struggling to recover from the global...

IFC makes first insurance investment in Chile

International Finance Corporation (IFC) a member of World Bank has made its first insurance investment in Chile. $ 10 million is provided to Aseguradora Magallanes to help in expanding the availability of insurance to those underserved small businesses in the country.

IFC lends $25m to Compartamos acquired MFI in Peru

‘enviacentroamerica.org’ launched for low-priced and transparent remittances

Rabobank Foundation grants € 123,000 to Indian agricultural cooperative