This forum will host conversations among representatives of organizations that partake in and advocate for entrepreneurship in Latin America in general, and especially those focused on impact investing, a term that refers to investing with the dual aims of
Search Results for: Mexico
MICROFINANCE EVENT: Aspen Network of Development Entrepreneurs (ANDE) Presents “Metrics from the Ground Up;” February 18 – 19, 2019; Merida, Mexico
Metrics from the Ground Up focuses on measuring the impact of small and growing businesses (SGBs) and developing strategies to increase that impact. Its organizer, the Aspen Network of Development Entrepreneurs (ANDE), is an adoption partner of the
MICROCAPITAL BRIEF: Incofin-managed Funds Buying $10m in Equity in Financiamiento Progresemos for Financial Inclusion of Micro-, Small Enterprises in Mexico
A Belgium-based manager of microfinance funds, Incofin Investment Management, recently announced an investment of
MICROFINANCE EVENT: Opportunity Collaboration; October 14 – 19, 2018; Cancun, Mexico
Event Summary: The purpose of this event is to provide networking and problem-solving opportunities for those “dedicated to building sustainable solutions to poverty and injustice.” Most sessions are categorized as Conversations for Change, Capacity-Building Clinics or mealtime “Cluster-Forks.”
MICROCAPITAL BRIEF: Mexico’s Adobe Capital Raises $21m to Finance Small, Medium-sized Enterprises in Latin America
Adobe Capital, the venture-capital unit of Mexico-based New Ventures, recently raised USD 21 million for its second investment vehicle, Adobe Mezzanine Fund (AMF) II, which is intended to finance
SPECIAL REPORT: Cooperativa de Ahorro y Préstamo Tosepantomin (Mexico), Winner of the 2017 European Microfinance Award
From the European Investment Bank: The 2017 European Microfinance Award honours a microfinance institution, based in a developing country, that implemented innovative solutions to support access to better quality residential housing for low income, vulnerable and excluded groups, with no or limited access to housing finance in the mainstream sector.
The Cooperativa de Ahorro y Préstamo Tosepantomin helps marginalised rural Mexican communities with their residential housing building projects by offering savings and home loan products paired with technical support. The cooperative is also recognised for its promotion of eco-friendly building techniques.
This award, a EUR 100,000 prize from the Directorate for Development Cooperation and Humanitarian Affairs of Luxembourg’s Ministry of Foreign and European Affairs, was given at a ceremony held at the European Investment Bank, in the presence of Their Royal Highnesses the Grand Duchess and the Hereditary
SPECIAL REPORT: MFIs in Afghanistan, Peru, Mexico Shortlisted for $118k “Microfinance for Housing” Award
The European Microfinance Platform (e-MFP) recently announced the following finalists for the European Microfinance Award, which in 2017 is focused on housing: First Microfinance Bank Afghanistan, Peru’s Mibanco and Mexico’s Cooperative Tosepantomin. The award, with a cash prize of EUR 100,000 (USD 118,000), will be presented during European Microfinance Week in
MICROCAPITAL BRIEF: MicroFinanza Rating Issues 5 Institutional, Social Credentials to Microfinance Institutions in Ecuador, Mexico, Palestine, Rwanda
Italy’s MicroFinanza Rating (MFR) issued two microfinance institutional ratings during September. Palestine’s Asala Company for Credit and Development was assigned a grade of BB+ with a “stable” outlook, and Inkunga Finance of Rwanda was assigned a grade of
MICROFINANCE EVENT: Opportunity Collaboration; October 15-20, 2017; Ixtapa, Mexico
Event Name: Opportunity Collaboration
Event Date: October 15 – October 20, 2017
Event Location: Club Med Ixtapa Pacific, Ixtapa, Mexico
Summary: This networking and problem-solving event is for people who are “dedicated to building sustainable solutions to poverty.” It includes
MICROFINANCE EVENT: Social Performance Task Force (SPTF) Annual Meeting; June 6 – 8, 2017, Mexico City, Mexico
Event Name: Social Performance Task Force 2017 Annual Meeting
Event Date: June 6 – June 8, 2017
Event Location: Mexico City, Mexico
Summary of Event: This meeting will include plenary speeches, working group meetings and networking sessions relating to financial inclusion regulation, social outcomes data collection, and analysis and advances in “client-centric” technology [2]. The event will begin with an introductory session on the Universal Standards for Social Performance Management (SPM) and the resources available to financial service providers for measuring and improving their social performance. This is the first time this event is taking place in Latin America since 2013.
MICROCAPITAL BRIEF: Accion Venture Lab Sells Equity Stake in Clip, Provider of Payment-card Readers to Retailers in Mexico
Accion Venture Lab, an investment vehicle of US-based NGO Accion, recently sold its stake in Clip, a company that provides Mexican businesses devices that plug in to smartphones, allowing them to accept payments via credit and debit cards. Clip, which has offices in the US and Mexico
MICROCAPITAL BRIEF: Chilean Credit Reporting Firm Destacame Raises Seed Equity from Accion Venture Lab to Expand into Mexico
Destacame, a Chile-based credit scoring firm, recently announced that it has closed its seed round of financing, which was led by Accion Venture Lab, a USD 10 million investment vehicle of US-based NGO Accion. The funds are slated to allow Destacame
MICROFINANCE PUBLICATION ROUND-UP: Impact of M-Pesa Mobile Money; Microinsurance in Sri Lanka; Women’s Financial Diaries in India, Kenya, Mexico
“The Long-run Poverty and Gender Impacts of Mobile Money”; by Tavneet Suri and William Jack; published in Science; December 8, 2016, 4 pages; available at http://science.sciencemag.org/content/354/6317/1288.full/
This article reviews a study that assessed the impact of the M-Pesa mobile payment service in Kenya.
MICROFINANCE EVENT: Foro Latinoamericano de Inversión de Impacto; February 14 – 16, 2017; Mérida, México
Event Name: Foro Latinoamericano de Inversión de Impacto (FLII) 2017
Event Date: February 14 – 16, 2017
Event Location: Hotel Hyatt Regency, Mérida, México
Summary of Event: This event will address trends in impact investing as well as the social and environmental impacts of the financial industry in general. Speakers will discuss
MICROCAPITAL BRIEF: Dual Return Funds Managed by C-Quadrat Loan $17m to Microfinance Institutions (MFIs) in Costa Rica, Ghana, India, Kenya, Mexico, Peru, the Philippines
Austria-based C-Quadrat Asset Management recently issued loans worth the equivalent of USD 17 million to unspecified microfinance institutions (MFIs) in Costa Rica, Ghana, India, Kenya, Mexico, Peru and the Philippines.
MICROCAPITAL BRIEF: Multilateral Investment Fund Approves $4m Equity Investment in Angel Ventures Pacific Alliance Fund for SMEs in Chile, Colombia, Mexico, Peru
The Multilateral Investment Fund (MIF), a member of the US-based Inter-American Development Bank (IDB) Group, recently announced an equity investment USD 4 million in the newly-established Angel Ventures Pacific Alliance Fund (AVPAF), a Mexico-based venture capital fund targeting “start-up” and “scale-up” businesses in Chile, Colombia, Mexico and Peru.
MICROFINANCE PUBLICATION ROUND-UP: Improving Financial Capability in India, Mexico; Mobile Money Usage; Post-Disaster, Post-Conflict Microfinance
“A Change in Behavior: Innovations in Financial Capability;” by J. Arnold, E. Rhyne; published by the Center for Financial Inclusion at Accion, JPMorgan Chase & Co; April 2016; 47 pages; available at: https://centerforfinancialinclusionblog.files.wordpress.com/2016/04/a-change-in-behavior-final.pdf
MICROFINANCE EVENT: Opportunity Collaboration, October 11 – 16, 2015, Ixtapa, Mexico
Event Name: Opportunity Collaboration
Event Date: October 11-16, 2015
Event Location: Playa Quiet Beach, Ixtapa, Mexico
Event Summary: Opportunity Collaboration is a five-day networking and problem-solving event that engages social entrepreneurs, nonprofit leaders, social financiers and grant-makers to explore methods of collaboration, identify opportunities for leveraging resources across organizations and generate mechanisms for reducing poverty.