Financial inclusion
BBVA considers that the fight against financial exclusion is an objective that is coherent with its business aims and its ethical and social commitment. Its flagship project is the Fundación Microfinanzas BBVA. The Foundation’s job is to facilitate access to financial services to the most disadvantaged in society, so they can undertake sustainable productive activities in order to improve their standard of living and that of their families, promoting their economic and social development.
We publish the annual CR information for 2011
This year we are continuing our commitment to the integrated reporting model started in 2011, when we presented our first integrated report. The BBVA Group’s Annual Report therefore comprises the most significant non-financial information for the year. Furthermore, in line with our… Continue reading We publish the annual CR information for 2011 »
FMBBVA and AMPYME sign the first public-private partnership to manage microfinance in Panama
The president of the BBVA Microfinance Foundation and the Minister of the Authority of Micro, Small and Medium Enterprises of Panama have signed the first public-private partnership for the joint management of microfinance in Panama. The president of the BBVA Microfinance Foundation,… Continue reading FMBBVA and AMPYME sign the first public-private partnership to manage microfinance in Panama »
BBVA Microfinance Foundation has granted credits worth 2.5 billion euros to entrepreneurs in Latin America
(Español) Desde su creación en mayo de 2007, la Fundación Microfinanzas BBVA ha entregado créditos…
Caja Nuestra Gente, the best microfinance institution in Latin America and the Caribbean
(Español) The Peruvian institution of the BBVA Microfinance Foundation comes top in the “Microfinance Americas: the top 100” ranking, compiled by Mix Market, IDB and FOMIN
The BBVA Microfinance Foundation transforms the lives of a million people
To bring finance closer to the most disadvantaged people so that they can learn productive activities…
Fondo Esperanza SpA, a new microfinance entity, created to support low-income entrepreneurs in Chile
The new microfinance entity Fondo Esperanza SpA was constituted following an agreement reached in January between the BBVA Microfinance Foundation and Fondo Esperanza to transfer the assets and liabilities of the former Fondo Esperanza to the new company. The new company, Fondo… Continue reading Fondo Esperanza SpA, a new microfinance entity, created to support low-income entrepreneurs in Chile »
BBVA Microfinance Foundation launches the universal corporate governance code for the Latin American microfinance sector
The BBVA Microfinance Foundation (BBVAMF) presented the “Universal Code for Corporate Governance for Microfinance Institutions” prepared by the Foundation, and which establishes the principles and standards that all good governance codes for Microfinance Institutions (MFI) should contain, in accordance with internationally accepted… Continue reading BBVA Microfinance Foundation launches the universal corporate governance code for the Latin American microfinance sector »
BBVA Microfinance Foundation acquires 70% of the capital of Microserfín in Panama
10-01-2011 BBVA Microfinance Foundation has reached an agreement with Banco Panameño de la Vivienda S.A. to purchase the 70% stake that the entity has in the company stock of Soluciones de Microfinanzas S.A (Microserfín). With this transaction, 70% of Microserfín is formed… Continue reading BBVA Microfinance Foundation acquires 70% of the capital of Microserfín in Panama »
Microfinance: a panacea for development?
Without finance at the base of the pyramid, economic and social development would be impossible
Financial Inclusion
The World Bank estimates that there are 1.5 billion people living in extreme poverty today, and almost half the population of the world – some 3 billion people – survive on less than two dollars a day. These striking levels of poverty demand all the agents, both public and private, to become involved.
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