Author: BIM Ltd

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    Governance of Inclusive Finance Institutions will be strengthened

    In order to promote the strengthening of good corporate governance practices in inclusive finance institutions, in addition to promoting the soundness and sustainability of microfinance activity in the country, the Association of Microfinance Institutions of Peru (Asomif Peru) has been developing a specialized forum on the subject. This initiative will have the support of international…

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    Evolution and Achievements

    LOCFUND, which today celebrates its positive results, is a fund that granted USD 69 million in loans to Microfinance Institutions (MFIs) in Latin America and the Caribbean, including 10 Peruvian MFIs, whose investors are IDB / MIF (multilateral institution), CAF –Development bank of Latin America-, FMO (Dutch development fund), Norfund (Norwegian development fund), BIO (Belgium…

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    Learned Lessons

    LOCFUND carried out, since 2007, 73 technical assistance granted with TSF resources, thanks to donations from IDB / MIF, NORFUND, BIO and FMO. In consideration of the results achieved throughout these years, the preparation of this document was promoted, with the idea of capturing the experiences -positive and negative- that serve as guiding parameters for…