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.

¿Estamos sirviendo adecuadamente a las mujeres con los servicios financieros existentes?

By Paola Pedroza

A pesar de la creencia generalizada de que las instituciones microfinancieras desarrollan sus productos teniendo en cuenta las necesidades de  las mujeres, -normalmente la mayoría de sus clientes-, en la práctica muchas de ellas no hacen uso de lo que se les ofrece. Una mirada profunda a la Fundación delamujer nos presenta un ejemplo de esta situación.

Consumer lending and financial inclusion in Latin America: Rewards and risks of expanding access

By Sergio Navajas

Yolanda Luna, Mexico 2012. CGAP Photo Contest 

By Rafe Mazer (CGAP), Rudy Araujo (ASBA), Sergio Navajas (MIF)

On March 12 and 13, CGAP, the MIF, and the Association of Bank Supervisors of the Americas (ASBA) hosted a discussion with regulators in Latin America on consumer lending in the Americas, including participants from Brazil, Chile, Colombia, México, Perú and the US.

Consumer lending has evolved in different ways across markets, and has grown rapidly in recent years both in market size and outreach to low-income consumers and the growing middle class. Policymakers in the region have identified important risks resulting from this market evolution, but there are still not clear consensus views on how to measure and assess market penetration, how to separate the good aspects of it from what is potentially harmful, and the role of the regulators towards proactively controlling or reactively responding to the market.

Seeking common ground on evaluating impact


“However beautiful the Strategy, you should occasionally look at the results." – Winston Churchill

Our MIF team – General Manager Nancy Lee, Claudia Gutierrez, Tetsuro Narita and me – recently spent two days with development experts and academics discussing and debating the importance of impact evaluation on Financial Inclusion programs. The retreat, co-sponsored by CGAP and DFID, was held in the shadow of Buckingham Palace at DFID’s offices, and included about 60 experts from development banks (ADB, CDC, DFID, MIF, EBRD, EIB, FMO, IFC...), foundations (Citi, Mastercard and Ford) and well-known scholars from IPA, Harvard and other institutions. The meeting was the brainchild of Alexia Latortue from CGAP, who saw a need to get a common understanding among funders and donors of the best evaluation methods, and also to spend time creating a “new impact narrative for Access to Finance.”

2012: A Year at the MIF

By Anonym

As the Multilateral Investment Fund prepares to celebrate its 20th anniversary in 2013, General Manager Nancy Lee reviews some of the MIF’s 2012 highlights, from ambitious new initiatives to informative events and publications.

El Fondo Multilateral de Inversiones se prepara para celebrar su 20 aniversario en 2013. En este contexto, Nancy Lee, Gerente General del FOMIN, discute lo más destacado de este año dentro de la organización y comparte en esta entrada de blog desde nuevas iniciativas hasta eventos y publicaciones de alto impacto que marcaron nuestro trabajo en el 2012.

Women craft a better life with Wakami Villages

By Jessica Olivan Tellez

Reality in Guatemala, as in many other countries in the region, is hard. Poverty levels in rural areas are very high, which combines with a lack of sustainable income to become the recipe for and main cause of a reduced quality of life. When the gender ingredient is added to this daunting formula it becomes explosive, and for indigenous women things are complicated even further. But it does not need to remain so. A trio of Guatemalan women has been working for almost 20 years so that this vicious circle becomes a virtuous one.