While a lot of research are done on the Indian microfinance sector, most of them are from the perspective of practitioners. A high volume of work is confined to impact assessment studies. There are very few works on microfinance from the institutional theory’s perspective and this may be a fresh attempt to look at the [...]
The European Investment Bank, French Development Agency and a wide group of development agencies, social investors and service providers have launched microfinance FEFISOL the European Solidarity Fund funding for Africa. FEFISOL The fund has 15 million microfinance fund that will provide for the rural poor in Africa and thus assist in the financing of small-scale [...]
Microfinance aspire to a gradual reduction of the interest which will be reversed in loans coincides Central Bank president, Dr. Antenor Rosales The Law on the Promotion and Regulation of Microfinance was approved yesterday in particular, with two motions which did not succeed as the inclusion of Alba Caruna under regulation and with the optimism [...]
The financial system has 1,355 ATMs across the country. Strong growth is projected for this year’s machine. Details of ATMs by state and region. Owning a debit card to withdraw money for the day, make a transfer or money, pay utility bills, recharge your cell phone, buy tickets to an event, choose the language of [...]
Lessons from Bolivia Today we attended a master class since Afi Foundation considers one of the great scholars of microfinance worldwide. A gift from AECI, ICO Foundation Microcredit and the Master of the UAM to all attendees that we are meeting today in the auditorium of the AECI. Claudio Gonzalez-Vega, great communicator as well as [...]
What is the vision we have as president of Asobo on interest rates? Lending rates have evolved to the downside, the product of competition in the financial system. The banks are fighting the centimeter to have the customer’s preference. That is, one way to get customers is to lower rates. In the case of the [...]
The success of microfinance has spread to commercial banks and several of them are entering this niche Do not see a risk of losing the lead so far holds? It is a very interesting question. When you talk to the founders of institutions and BancoSol and precursors of microcredit in Bolivia, they said: “I hope [...]
And the composition of those customers? The bank is steadfast in its vision, mission and role within the financial system of care for major segments. We do this through financial products and services that suit their needs. BancoSol gives credits from $ 50 and accompany the development and performance of our customers in time. We [...]
BancoSol general manager, the benchmark of microfinance nationally and internationally and the most profitable entity Bolivian system is the new president of Asobo. Expected that 2011 will continue the bonanza of profits. Kurt Koenigsfest (46) moves between two stools, between commercial banks and microfinance, although the latter is certainly his specialty and passion. BancoSol general [...]
Bittencourt, the Ministério da Fazenda, says that diversity makes Brazil innovative in the way of acting. The reference country is successful in two experiments: CrediAmigo and banking correspondents, from petrol stations to lottery outlets or supermarkets that offer some financial services. The correspondent went from 70,000 in 2002 to 180,000 in 2010, and is the [...]