Posts Tagged ‘MIF’

Microfinance Focus, Dec. 2, 2009: The Inter-American Development Bank’s Multilateral Investment Fund (MIF) will make an equity investment of up to $3.5 million in AgroDesarrollo, a fund that backs agribusiness entrepreneurs in rural Chile. MIF is an autonomous fund administered by the IDB that promotes the development of microenterprises and small and medium-size businesses in Latin America and the Caribbean, providing access to various forms of ... Full story

Microfinance Focus, November 22, 2009: The Board of Directors of the Overseas Private Investment Corporation (OPIC) approved $125 million for a microfinance growth fund that will provide much-need capital to microfinance institutions (MFIs) in Latin America and the Caribbean, said a statement. President Obama announced establishment of the fund at the Summit of the Americas in April, as a response to the impact of the ... Full story

Microfinance Focus, Oct. 8, 2009: The Inter-American Development Bank’s Multilateral Investment Fund (MIF) has approved a $3.95 million grant for a program to promote innovative technology solutions to boost microfinance institutions increase their reach in Latin America and the Caribbean. The program, with a total cost of $10 million, will consist of a series of individual projects that directly increase access to finance, reduce operational costs, ... Full story