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.

What good is capital without customers? Financial inclusion is necessary for healthy societies

By Tomas Miller

The financial inclusion strategies that several countries in Latin America and the Caribbean are adopting and incorporating into their national development policies aim at increasing access to and use of financial services for segments of the population that have been excluded or underserved by financial systems. These policies assume that achieving a higher level of financial inclusion is a necessary condition for increasing the social inclusion of these excluded people. What good is having a solvent and liquid financial system if it serves only businesses and powerful families? What good is capital without customers? 

From toll roads to ‘smart’ mobility projects: the evolution of public-private partnerships

By David Bloomgarden

Public-private partnerships (PPPs) to build and maintain infrastructure are no longer just for big economies in traditional sectors, involving projects such as toll roads and ports. Small economies and regional and local government are realizing the potential of engaging the private sector in infrastructure projects. Now, innovation is creeping into PPPs.

The NEO challenge: look outward to make an impact on youth employment

By Elena Heredero Rodriguez

By Elena Heredero Rodriguez and Claudio Cortellese

The focus of the initiative New Employment Opportunities for Youth (NEO) is simple: to help 1 million young people in Latin America and the Caribbean prepare for the job market and find a first good job. The initiative sets out to achieve this by creating multi-sector partnerships with stakeholders in education, job training, and businesses. The theory is that together, they will address problems of youth unemployment, young people’s lack of work skills, and employers’ need for skilled workers. The goal is simple but the strategy to achieve it is not; the problem is complex, and difficult to address from a single perspective. It requires a systemic approach.

In search of effective mentoring programs for women entrepreneurs

By Yuri Soares

By Yuri Soares and Maria Teresa Villanueva 

Mentoring is a tool that has the potential to help women entrepreneurs grow their businesses, and in some cases change their lives. Models of mentoring are more widely available than ever before. Modern approaches emphasize that women benefit from a wide array of mentors—not only experienced and successful women, but also male role models, peers, and even competitors. Mentoring is also increasingly conducted through dynamic platforms, often online or through social media, and is increasingly integrated as part of broader programs.

New Trends blog to spur dialogue about pioneering development ideas

By Fernando Jiménez-Ontiveros

The challenge of international development requires a medley of ideas. At the Multilateral Investment Fund of the Inter-American Development Bank, we work in array of topics that are at the forefront of efforts to spur the economic development of the private sector in Latin America and the Caribbean: microfinance, women’s entrepreneurship, financing for “green” products, and social impact bonds, among others. To harness the power of our experts’ knowledge, we are launching a new blog, Trends.