News related to the Foundation
People who fight to overcome their present situation and make their dreams come true by changing their own and their family’s future. This is the beginning of the report entitled “Stories of success against all odds” by Informe Semanal on the entrepreneurs served by the BBVA Microfinance Foundation, broadcast by TVE in April 2016, and which has just won a Silver Globe at the World Media Festival in Hamburg.
The Amigotchi program, one of the 10 most innovative social initiatives in 2016
Introducing Simón, the virtual character that trains employees in the BBVA Microfinance Foundation Group, and who has just been chosen as one of the 10 most innovative social initiatives in 2016 by the magazine Compromiso Empresarial.
“Philanthropy for development should be ethical and sustainable with measurable results”
The President of the Board of BBVA Microfinance Foundation, Claudio González-Vega, summarizes its Decalog about what philanthropy should be like for development in 2030, in his speech at the netFWD, organized by the OECD.
UN celebrates progress in gender equality and sets out the next steps
The United Nations headquarters has been dressed since last Monday with the bright colors of the costumes of hundreds of women and men from all over the world under one banner, that of equality. Until March 24, New York is hosting the 61st session of the Commission on the Status of Women (the CSW61), despite the snowstorm that has hit the city over the last few days.
Measuring social impact, the key to the success of microfinance
Financial inclusion and how technology can be its ally were the main themes of the 13th Annual Global Microfinance Forum, an event attended by leading public and private microfinance investors, banks and development organizations from all over the world, and at which the BBVA Microfinance Foundation was present.
BBVAMF women: entrepreneurs in a present with a future
Latin America is a place with great difficulties for women, especially in financial inclusion, development, participation in the labor market and education. In a region with 168 million people living in poverty, according to CEPAL figures, more than half being women, entrepreneurship becomes a key factor for progress and advancement.
The challenge of running the “last mile” in the age of opportunity
In recent years, public and private organizations are increasingly working to eradicate poverty on a road beset with obstacles that make it difficult to reach the “last mile”. The Millennium Development Goals are a step in the right direction as they have gone a long way to reducing extreme poverty in developing countries.
ADOPEM Bank loan portfolio grows by more than 15% in 2016
The Savings and Credit Bank ADOPEM, serving vulnerable entrepreneurs in the Dominican Republic, increased its loan portfolio in 2016 by more than 15% over the previous year. At year end, BBVA Microfinance Foundation had 225,858 outstanding loans and a customer base of more than 390,000 people.
Public-private partnerships, the key to achieving the 2030 Sustainable Development Agenda
Zaragoza has become a meeting point for companies and institutions committed to their environment. For two days the fifth National Congress for Corporate Social Responsibility (CSR) was attended by almost 250 participants from all over Spain.
Microfinance in the digital age, challenges and opportunities
The leading microfinance experts on the continent gathered in Barcelona for the European Microfinance Summit (EMS), where for two days they shared their experience in order to identify the challenges and opportunities in the sector in the new digital age. This is one of the main challenges for the BBVA Microfinance Foundation, which, like the other organizations present, works in developing countries to improve the lives of disadvantaged sectors.