News related to the Foundation
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.
The president of the IDB reiterates its support for the BBVAMF in future projects
The president of the IDB, Luis Alberto Moreno, held a working meeting this morning in the head offices of the BBVA Microfinance Foundation in Madrid, accompanied by senior executives from the Inter-American Investment Corporation (IIC). At this encounter with the CEO, Javier Flores and the BBVAMF Board of Directors analyzed the joint project of both institutions and laid out the next steps in the collaboration agreement, begun ten years ago.
“Financial inclusion, a key goal for the UN’s Development Agenda”
This afternoon in Madrid saw the presentation of the new report from the UN’s SDG Fund entitled “Sustainable Development Goals and the Private Sector”, which examines some of the key questions facing companies when incorporating and implementing these goals in their organization. The methodology of the BBVA Microfinance Foundation is included as a case study on the integration of the SDG in its primary activity.
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.
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.”