| News

  • Source : BIM
  • February, 2021
  • La Paz, Zurich, New York

BIM | Business meeting with UBS and BIM

Financial specialists from BIM and UBS shared an illustrative session of analysis and projections on investments and sustainability in Latin America, together with more than 60 entrepreneurs. The conversation began with the assertion that the macroeconomic and investment outlook in global financial markets will be relatively constructive this year. This, together with a series of […]

  • Source : LOCFUND
  • November, 2020
  • La Paz, Bolivia

LOCFUND | New project to strengthen financial inclusion and digital transformation

BIM, through the TSF (Technical Support Facility) of Locfund Next is proud to announce the signing of a technical cooperation agreement with IDB Lab for USD 500,000 to execute the project “Locfund Next: Financial Inclusion and Digital Transformation in Microfinance Institutions of America Latin America and the Caribbean ”. The project will have a duration […]

  • Source : BIM
  • Octubre, 2020
  • La Paz, Bolivia

BIM | BIM launches Locfund Next

At BIM we work incessantly to offer new solutions for the microfinance industry. Today we present the result of an initiative that comes to continue promoting financial inclusion: LOCFUND NEXT.

  • Source : BIM
  • Julio, 2020
  • La Paz, Bolivia

BIM | Crisis: managing change to face the new environment

Fernando Sánchez, CEO of BIM, was invited by the National Chamber of Industries of Bolivia to share a talk with Marcelo Trigo, representative of the Association of Private Banks of Bolivia. The conversation revolved around the crisis caused by the COVID-19 pandemic and the decisions that companies must make to face a changing and, many […]

  • Source : BIM
  • Junio, 2020
  • La Paz, Bolivia

BIM | Conversing with Fernando Sánchez to Learn about the March

Our CEO, Fernando Sánchez, was invited this week to the Learn about the March space to talk about leadership in times of crisis, along with Claudia Daza, Marco Mollinedo and Ronald Olguín. “Not even the most pessimistic of CEOs has considered a pandemic among their potential risks this year,” commented Marco Mollinedo at the beginning […]

  • Source : BIM
  • Mayo, 2020
  • La Paz, Bolivia

BIM | Conference “Financial decision making in times of crisis”

In recent days, Fernando Sanchez, CEO of BIM Ltd. was invited to speak on a crucial issue today: making financial decisions in times of crisis. The event consisted of a webinar organized by the Universidad Católica Boliviana San Pablo, whose facilitator was Guillermo Gonzales, Director of the Postgraduate Department and where the finance specialist, Gustavo […]

  • Source : BIM
  • Septiembre, 2019
  • La Paz, Bolivia

BIM | Fernando Prado Guachalla’s 30-year long contribution to financial inclusion in Latin America

BIM and Grupo Panamerican celebrated Mr. Fernando Prado Guachalla’s 30-year long contribution to financial inclusion in Latin America. Among many other important initiatives, Mr. Prado lead the Prospero Microfinanzas Fund, which invested in 9 microfinance institutions in 6 Latin American countries, impacting the lives of people who were financially unattended at the time. Our special […]

  • Source : Próspero
  • Junio, 2019
  • La Paz, Bolivia

Próspero | Prospero Microfinanzas Fund celebrates its last Advisory Committee

Prospero was created with the purpose of strengthening equity management capability, focused in emerging microfinance institutions in Latin America and The Caribbean, contributing to positive social impact to microfinance clients through its portfolio investments. Being completed its investments in 2014, began to work side by side with its partners, providing an active support for the […]

  • Source : BIM
  • April, 2019
  • La Paz, Bolivia

BIM | Launch of INNOVASOL S.A.

BIM announces the launch of INNOVASOL S.A., a new initiative that will promote the use of solar energy through photovoltaic systems, offering a comprehensive service to organizations and companies, which includes design, engineering, installation and financing solutions. This marks the beginning of a new stage in the Bolivian energy market. We work to promote renewable […]

  • Source : GIF
  • April 2019
  • La Paz, Bolivia

GIF | New Achievement

The GIF Project has a new achievement to announce: it currently supports 70 microfinance institutions in Latin America and the Caribbean, in the areas of governance and financial inclusion, thus exceeding its initial goal. Thanks to the support of the Swiss Agency for Development Cooperation – SECO and BID LAB. An effort from our colleagues […]

  • Source : BIM
  • March, 2019
  • La Paz, Bolivia

BIM | Launch of the Locfund II Technical Assistance Component

We announce the launch of a new Locfund II Technical Assistance Component, after successfully providing 250 technical assistance processes to 60 microfinance institutions in 15 countries in Latin America and the Caribbean, through coaching, on-site assistance and personalized teaching with specialists in the financial inclusion industry. Thanks to the support of BID LAB, BIO, Norfund, […]

  • Source : BIM
  • March, 2019
  • La Paz, Bolivia

BIM | Implementation of the Poverty Stoplight

This 2019 we tackle a new project and commit to the implementation of the Poverty Stoplight, a methodology developed by Fundación Paraguaya to eliminate multidimensional poverty. With TSF – Locfund, led by Verónica Céspedes and CAF, we seek to implement the tool in Bolivia, together with Diaconía, a development financial institution.

  • Source : LOCFUND
  • March, 2019
  • La Paz, Bolivia

LOCFUND | LOCFUND II exceeds USD 150 million in disbursements

LOCFUND II, which provides financing in local currency, has recently exceeded USD 150 million in disbursements to 51 microfinance entities, in 13 countries in Latin America and the Caribbean, with a total of 172 operations. An important milestone to share in our work for microfinance and financial inclusion in the region.

  • Source : GIF
  • November, 2018
  • Barranquilla, Colombia

GIF | Main Conclusions of the Workshop on Corporate Governance, Technologies and Financial Inclusion

Within the framework of FOROMIC, the GIF Project presented some of the main results of its report on Digital Financial Governance and Inclusion that will be published in the coming weeks. The session was attended by Juan Carlos Sánchez, Director of the GIF Project, Fernando Sánchez, CEO of BIM, Carlos Fernández, Fintech Consultant of the […]

  • Source : GIF
  • October, 2018
  • Barranquilla, Colombia

GIF | GIF Project at FOROMIC 2018 will present a study on “Corporate Governance, Technologies and Financial Inclusion”

The Financial Governance and Inclusion Project (GIF) participates in FOROMIC 2018, which is the most important event in the microfinance sector in Latin America and the Caribbean, which takes place from 29 to 31 this month at the Puerta de Oro Center in Barranquilla, Colombia. The forum’s programming will include different activities that will address […]

  • Source : BIM
  • October, 2018
  • Barranquilla, Colombia

BIM | BIM at FOROMIC 2018: Panel “Microfinance and cooperatives in a digital world”

We are happy to communicate and invite our clients and friends to the Panel “Microfinance and cooperatives in a digital world”, which will be moderated by Fernando Sánchez, CEO of BIM INVESTMENTS, to be held at FOROMIC, the most important event in the sector in Latin America and Caribbean. Fernando has been invited by the […]

  • Source : LOCFUND
  • Febrero, 2018
  • La Paz, Bolivia

LOCFUND | IDB Invest Supports Microfinance Institutions Through Local Currency Debt Fund

IDB Invest, a member of the Inter-American Development Bank (IDB) Group, will support Locfund II’s expansion through a loan of up to $10 million. The transaction will allow Locfund II to increase the number of local currency loans to microfinance institutions, benefiting a larger number of their clients, including women-led and rural, micro- and small-sized […]

  • Source : BIM
  • November, 2017
  • La Paz, Bolivia

BIM | Managing Impact Investments

BIM was recognized internationally by Capital Finance International magazine (cfi.co) as an exporter of innovation, managing specialized investment vehicles, promoting development in the region and seeking a social impact beyond financial return. | Source Article: cfi.co – Autumn 2017 Edition (page 145) cfi.org: BIM – Impact Investment Management

  • Source : TSF/BIM
  • September, 2017
  • Nicaragua

TSF/BIM | Promoting Social Performance in Promujer Nicaragua

During August 2017, clients of Promujer Nicaragua LLC, from different community banks in the department of León participated in a focus group as part of the SPI4 social audit process. The objective of this activity is: • Design an instrument that facilitates the performance of a social audit on compliance with the essential and additional […]

  • Source : GIF
  • July, 2017
  • La Paz, Bolivia

GIF | Financial inclusion through governance

The GIF Project tool makes it possible to diagnose the quality status of governance and identify areas for improvement. Due to the relevance of good governance and its direct effect on the performance of organizations, the GIF Project -financed by IDB / MIF and SDC- developed a cutting-edge tool that allows diagnosing the state of […]

  • Source : LOCFUND/BIM
  • Junio, 2017
  • Ciudad de México, México

LOCFUND/BIM | Annual Meeting: Social Performance Task Force

Within the framework of the annual meeting of the Social Performance Task Force (SPTF) held from June 6 to 8, 2017 in Mexico City, Locfund / BIM participated in the meeting of social investors. This meeting brought together 25 participants from 20 organizations with the purpose of exchanging experiences, highlighting good practices and aligning efforts […]

  • Source : LOCFUND
  • Junio, 2017
  • Ciudad de Guatemala, Guatemala

LOCFUND | Workshop: Risks and Internal Control for Microfinance

As part of the activities of Locfund’s technical assistance component, during June 2017 -in the facilities of a hotel in Guatemala City- the Course / Workshop called: “Risks and Internal Control for Microfinance” was held, organized within the framework of the Assets, Liabilities and Risks Consulting, in charge of the Consultant Pedro Fardella. The workshop […]

  • Source : Panamerican
  • Junio, 2017
  • La Paz, Bolivia

Panamerican | British magazine distinguishes the Panamerican group

The Panamerican group, dedicated to investment in capital markets, fund management, renewable energies and software development received the award “Best diversified group, Bolivia 2016 leadership”, awarded by the prestigious British magazine Capital Finance International (CFI.co) . According to a company press release, each year CFI.co looks for individuals and organizations that contribute significantly to the […]

  • Source : BIM
  • March, 2017
  • Managua, Nicaragua

BIM | BIM and INCAE seal an unprecedented strategic alliance to work for the microfinance industry

The first activity carried out within the framework of this agreement was the Strategy course for the Senior Management of Microfinance Institutions, held at the Incae Nicaragua Campus, in the first days of March. This training program brought together 37 directors and managers from 25 microfinance institutions from 12 countries in Latin America and the […]

  • Source : BIM
  • January, 2017
  • Lima, Perú

BIM | First PIF for microfinance in Peru

The Multilateral Investment Fund (MIF) and the Inter-American Investment Corportion (IIC), members of the Inter-American Development Bank (IDB) Group, BIM Asset Management and AC Capitales SAFI join forces to create the “Peru Microfinance Investment Fund”, the first private investment fund for microfinance in Peru that will connect Peruvian MSMEs with capital markets. See the image […]

  • Source : PROSPERO
  • Diciembre, 2016
  • La Paz, Bolivia

PROSPERO | Among the Best Funds

In 2009, when the words “impact investing” emerged on the lips of thousands of financial professionals, two important new sets of criteria emerged to begin to define what those words mean: Impact Reporting and Investment Standards (IRIS, and the Global Investment Impact Rating System (GIIRS). The inventors of such systems identified the need for measurement […]

  • Source : GIF
  • April, 2016
  • Lima, Perú

GIF | Governance of Institutions

International organizations, together with Asomif, held a workshop in Lima aimed at strengthening good corporate governance with the aim of promoting the soundness and sustainability of microfinance institutions. The promotion of financial insertion in clients from vulnerable and low-income populations, the adoption of new standards and good governance practices in microfinance institutions in Peru and […]

  • Source : GIF
  • Abril, 2016
  • Lima, Perú

GIF | 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 […]

  • Source : LOCFUND
  • Abril, 2015
  • La Paz, Bolivia

LOCFUND | 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 […]

  • Source : LOCFUND
  • Mayo, 2015
  • Lima, Perú

LOCFUND | 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 […]