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.

Tigo Money – A lesson in mobile financial services, one partnership at the time

By Fermín Vivanco

When the Luxemburg-based telecommunications provider Millicom started its service Tigo Cash in Paraguay nine years ago, few expected this to be the starting point of Latin America’s most successful mobile money story.

Financial transactions at your fingertips

By Irani Arraiz

I recently heard a podcast (HBR IdeaCast) where Jerry Seinfeld shared his insights into innovation. One of his comments stuck with me: “it’s very important to know what you don’t like. It’s good to have an idea, but a big part, I find, of a lot of innovation starts with someone saying: ‘you know what I am really sick of?’ That’s where innovation begins.”

Four countries where spotting birds is protecting biodiversity and increasing incomes


Nestled among towering volcanoes, Guatemala’s Lake Atitlan is often described as one of the world’s most beautiful lakes. Four of the Central American region’s seven biomes meet in the Atitlan region, making it a biodiversity hotspot and a natural “gas station” for migrating birds. But here, as elsewhere in the developing world, a lack of economic opportunities often drives local residents toward activities that devalue local ecosystems for biodiversity and for the people who rely on them for resources. 

Can supply chains gain competitive advantages by becoming more climate resilient?


Blog by Maribel Hernandez, Senior Consultant at Acclimatise, and Svante Persson, Coordinator, PROADAPT/IDB

How can businesses, large and small, make their supply chains more climate resilient and simultaneously become more profitable? Almost any supply chain, but particularly those that are dependent on natural resources, will experience the impacts of a changing climate in all its parts. A recent study by Acclimatise for the IDB’s PROADAPT program, shows that assessing climate change risks and their effects helps businesses better understand their supply chains and strengthen their resilience, and in that process, give them a competitive advantage in the market.

What do you want to be when you grow up?

By Elena Heredero Rodriguez

What do you want to be when you grow up? This is a question that adults everywhere ask young people. In fact, at the elementary school where my nine- and seven-year-old children attend, all of the children are asked that same question and their responses are published in the school yearbook. The answers are amusing and range from spy to veterinarian to president. While my son is currently deciding between three professions: chef, college professor of Economics, and teacher, my daughter hasn’t made up her mind yet.