the mif blog

Stories of inspiring entrepreneurs and organizations, discussion and commentary of new trends in private sector development, and the latest events and publications.

Las normas que favorecen al desarrollo de los mercados microfinancieros

By Veronica Trujillo

  

En la última década, el mercado microfinanciero ha visto un enorme crecimiento a nivel regional llegando en América Latina a más de1.000 instituciones con una cartera de más de US$ 40 mil millones. Sin embargo, como indica el Microscopio Global, el entorno para las microfinanzas no es igual de favorable en los diferentes países.

Transparency in microfinance: How ratings can support the development of a market

By Sergio Navajas

Over the last decade, the microfinance industry in Latin America and the Caribbean has grown dramatically. One of the important building blocks of this development has been the industry’s push for transparency, as provided by ratings. Ratings have been important to facilitating funding, particularly from international investors; for providing benchmarks for use by microfinance institutions (MFIs); and  for providing information to regulators and donors. This is why the MIF has been working with microfinance ratings since the late 1990s, and it has been a recurrent issue at our yearly industry event, Foromic. he MIF’s experience in microfinance ratings has recently been assessed by an independent consultant, here are some of the conclusions.

Remittances and Savings: Where’s the On-Ramp?

By Rebecca Rouse

 

This blog post was originally posted In the ProSavings blog. Click here to read the Spanish version.

We talk about remittances as being the perfect on-ramp for savings, in part because recipients can choose to move part of their electronic funds to a savings account before the remittance becomes cash, creating opportunities to avoid impulse spending and automate behaviors (see my blog post on defaults from last spring).  But what happens to the equation when the remittance sender is only transacting in cash?

Harina de otro costal: Microseguro agrícola y contra-catástrofes

By Shoshana Grossman-Crist

 

La penetración de los microseguros agrícolas en América Latina y el Caribe es la más baja de todos los tipos de microseguros, totalizando apenas 300.000 pólizas. Seguros catastróficos o por índice- que disparan cuando ocurre el riesgo en vez de la pérdida-, sólo se reportaron en cuatro países: Bolivia, República Dominicana, Ecuador y Haití con una cobertura de menos de 500.000, según el “Panorama de los microseguros en América Latina y el Caribe”. Esto se debe en gran parte a la complejidad inherente en este tipo de microseguro. Además cabe señalar que al excluir del panorama los productos subsidiados, no están incluidos en estos números casos de Perú, México y Brasil como por ejemplo la cobertura Seguro da Agricultura Familiar en Brasil para pequeñas agricultores que accedan a créditos  de PRONAF, de la cual el gobierno paga 75 por ciento de la prima.

On the Road to Rural Finance, Being Practical Matters

By Fermín Vivanco

 

 

Last week I spent a day on the road with Mateo, a mobile field officer from the Evangel Credit Union in Belize. He collects deposits and loan payments, as well as other cash transactions, for up to 200 credit union members per day while driving a truck through Belize´s countryside. His clients, most of them women with small scale family farms and businesses, see the truck stopping on the road and run out from their houses with crumpled bills in their hands, happy to make a deposit in a matter of seconds, instead of losing two to four hours in travel just to go to a credit union branch in Belize City.

First567891011121314Last

Authors