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.

Un nuevo modelo de inclusión financiera rural en funcionamiento en Colombia

By Martha Lucía Muñoz

Se encuentra en etapa de cierre el proyecto “Ecosistema rural de servicios financieros móviles inclusivos” ejecutado por Bancolombia, iniciativa que buscaba diseñar un nuevo modelo de inclusión financiera de bajo costo, que permitirá extender los servicios financieros hacia las poblaciones rurales de difícil acceso en Colombia. 

Concluyendo la inclusión financiera de mujeres microempresarias

By Martha Lucía Muñoz

En pasados días se llevó a cabo el evento de cierre del proyecto del Programa de Empresariado Social “Inclusión Financiera de Mujeres Microempresarias” en Armenia, Colombia dentro del marco del evento de Premiación a la Mujer microempresaria - Mujer 5, para reconocer su aporte al desarrollo económico y social desde su rol como mujer en la región cafetera de Colombia.

Building connections between China and the Latin American and Caribbean region

By Yongdong Bao

For nearly five years, I have had the pleasure of serving as a senior consultant at the MIF. I came here after working for China’s central bank and for the Asian Development Bank in order to establish and nurture connections between my country and LAC—especially when it comes to exchanging experiences and information about microfinance and MSME development.

Remittance recipients in the Northern Triangle: New insights from the MIF

By Rebecca Rouse

Analysts often refer to El Salvador, Guatemala, and Honduras – together constituting the so-called Northern Triangle - as particularly illustrative examples of the importance of remittances for the countries of Latin America and the Caribbean (LAC). They rightly do so. For one, the three countries receive relatively large amounts of these international financial flows. In 2015 remittances to the Northern Triangle exceeded $14 billion, constituting approximately a fifth of the total migrant transfers received by all LAC countries and corresponding to 17%, 10% and 18% of the gross domestic products of El Salvador, Guatemala and Honduras, respectively.

Making each transfer count – How Bancolombia helps transnational households save and invest

By Lukas Keller

Imagine Juan Pablo and Carolina, a typical Colombian working-class couple and parents of two living in Medellín. After years of saving, the two wish to finally buy a house for their family in a quiet suburb of the city. The property the couple is looking to buy costs around five times the amount they can put together, which is why they approach their bank, Bancolombia, about the terms of a mortgage loan to cover the outstanding amount.