Francisco González visits small business owners supported by BBVA Microfinance Foundation in Soacha, epicenter of displaced Colombians
El presidente de BBVA ha mantenido un encuentro con clientes de Bancamía, la entidad de la Fundación Microfinanzas BBVA en Colombia.“Me emociona ver este tipo de iniciativas y cómo una fundación como la nuestra puede hacer muchas cosas en favor de la sociedad.”
“The SDGs need the cooperation of governments, the private sector and civil society to achieve a better planet”, Javier M. Flores, CEO of BBVAMF
“The SDGs are an excellent roadmap and their achievement requires the cooperation of governments, the private sector, civil society and citizens to ensure we leave a better planet for future generations”. This was the opinion stated by CEO of the BBVA Microfinance Foundation, Javier M. Flores, at the headquarters of United Nations in New York […]
Entrepreneurship and youth: a commitment to development
“We’re not making the most of our young people: 25% of young Latin-Americans neither study nor work. We need to find new drivers and increase productivity. The region has to be prepared for an economy where knowledge will be the most valuable asset”. These were the words of Rebeca Grynspan, the Ibero-American General Secretary, at […]
The president of Chile presents Fondo Esperanza with the “Financial Inclusion Award 2016” for its support for entrepreneurship among the prison population and the homeless
The award recognizes Fondo Esperanza’s work to support particularly vulnerable sectors like prison inmates and people who live on the streets by helping them start up enterprises that enable them to gain a living, representing a second chance for them and their families. The bank does this by delivering microloans, training and support networks in […]
Bancamía presents the social development results of its customers
El Informe de Desempeño presentado hoy ante los medios de comunicación en Bogotá, detalla los resultados del progreso de sus emprendedores vulnerables a través de productos, servicios financieros y capacitación.
“Private Sector Contribution to the Universal Sustainable Development Program”
The United Nations’ Sustainable Development Fund organizes a dialogue with companies from various sectors to discuss the private sector’s contribution to the Millennium Sustainable Development Goals (SDG) at the headquarters of BBVA Compass in Houston (Texas). During this workshop, ideas and experiences were exchanged on how to incorporate the SDG and put them into practice in […]
The Chairman of the Trustees of the BBVA Microfinance Foundation, the first winner of the Award for Excellence in Microfinance
This is the first time the Banco Centroamericano de Integración Económica (Central-American Bank for Economic Integration – BCIE) –which promotes economic integration and social and economic development– has distinguished an important individual on a personal basis. It highlights Claudio González-Vega’s “merit, hard work and trajectory” and “his contribution to the development of the microfinance sector”. […]
UN grants consultative status to BBVA Microfinance Foundation
The United Nations Economic and Social Council, ECOSOC, has recently awarded consultative status to the BBVA Microfinance Foundation, in recognition of the Foundation’s work in its sphere of action: microfinance for development. The BBVA Microfinance Foundation (BBVAMF) can be consulted by this Council and by other bodies in the United Nations to guide them and […]
Microfinanzas y tecnología al servicio del desarrollo
“We must move from managing crises to preventing them”. This was the uncompromising message of the General Secretary of the United Nations at the European Development Days (EDD), the most important event on development organized each year by the European Union, and a forum attended by members of governments, NGOs, agencies and experts in the […]
The BBVA Microfinance Foundation presents its performance report at the Institute of International Finance in Washington
The 2015 Social Performance Report contains a summary of the activities of the BBVA Microfinance Foundation (BBVAMF) in the seven Latin American countries, where it works with vulnerable people to help them rise out of poverty by supporting their small businesses. Tim Adams, President and CEO of the Institute of International Finance (IIF), opened the […]
Queen Letizia visits the BBVA Microfinance Foundation to learn about its activities
Francisco González, chairman of BBVA, presented Queen Letizia with the 2015 Social Impact Report, containing a summary of the Foundation’s activities in the seven Latin American countries in which it works to support vulnerable people and help them rise out of poverty. The BBVA Microfinance Foundation (FMBBVA) is a philanthropic initiative with a powerful social […]
Financiera Confianza appoints Elizabeth Nava as new director
Elizabeth Nava Salinas replaces Luis José Giove as director of Financiera Confianza, a member bank of the BBVA Microfinance Foundation. With 25 years’ experience in the microfinance sector, this Bolivian economist joins the bank’s Board of Directors, which already has four women among its eight members.
The BBVA Microfinance Foundation signs an undertaking with the World Bank to promote universal financial inclusion
The BBVA Microfinance Foundation has signed in Washington its undertaking with the World Bank’s Universal Financial Access 2020 (UFA) initiative to fight the financial exclusion of two billion adults. The goal is to facilitate universal access to basic financial services. With the signing of the undertaking by the new members, the number of organizations participating in the UFA has doubled compared to last year.
Adopem consolidates its presence in rural areas
Adopem has opened a new branch office in Constanza, in the province of La Vega. Its location in the Dominican Republic is an opportunity to extend access to financial services to micro-entrepreneurs and entrepreneurs in the interior of the country. This institution belonging to the BBVA Microfinance Foundation serves over 380,000 people, of whom almost 40% live in remote rural areas.
Rodrigo Peláez: “Measuring clients’ outcomes connects us with their reality”
The BBVA Microfinance Foundation participated in the European Microfinance Week 2016 (EMW 2016) held in Luxembourg from November 16th to 18th. This annual conference organized by the European Microfinance Platform (e-MFP) is a major event of the microfinance industry, in which over 400 top professionals participate. Rodrigo Peláez, director of Impact Assessment of the BBVAMF, […]
What are Productive Responsible Finance?
Productive Responsible Finance are the specialty of the BBVA Microfinance Foundation and the method it uses: this concept has been developed and modeled in the Foundation, as it is considered the most effective and sustainable way to provide financing in the fight against poverty.