Social Impact Bonds: Toward a new way of financing impact

This blog forms part of a series discussing some of the key issues on the agenda at XVI Foromic taking place in Guadalajara, Mexico from September 30 to October 2.

Variations on the word “results” have become omnipresent in the development vernacular. Phrases such as results-based management, results-based financing, results framework, results measurement, and disbursement by results abound. And this is for good reason. Vast sums of taxpayer and philanthropic dollars are spent each year to pay for services to support poor and vulnerable populations in developing and developed countries alike. But key challenges remain for advancing a results-driven development sector that is linked to the way in which these services are purchased.

lunes, 23 de septiembre de 2013/Author: Zachary Levey/Number of views (9630)/Comments (0)/ Article rating: No rating
Categorias: BlogsForomic

Préstamos de consumo y sobreendeudamiento en América Latina / Consumer lending and overindebtedness in Latin America

Por Rafe Mazer (CGAP) y Sergio Navajas (FOMIN). 

Esta es la segunda entrada de la serie de blogs en torno al XV Foromic que se llevará a cabo este año en Barbados del 1-3 de octubre. English version. 

En los últimos años los niveles de endeudamiento de hogares de ingresos  bajos en América Latina se ha crecido considerablemente. Esto, en parte, debido al crecimiento de los préstamos de consumo que además ha coincidido con el aumento de los ingresos de muchas familias en países como Chile, Perú, Brasil, México y Colombia. Esta creciente base de consumidores ha atraído a nuevos proveedores de servicios, desde cadenas minoristas a nivel nacional o internacional hasta prestamistas de consumo de arraigo local, ávidos de acaparar una cuota del mercado en una población que en el pasado ha sido desatendida por las instituciones financieras tradicionales.

viernes, 21 de septiembre de 2012/Author: Sergio Navajas/Number of views (15457)/Comments (0)/ Article rating: No rating
Categorias: BlogsMicrofinanzas

A critical time to support infrastructure development


On June 26, Chinese Premier Wen Jiabao concluded his tour of Latin America by offering a US$10 billion loan program for infrastructure projects in the region. A commitment of this size will undoubtedly have wide ranging benefits for productivity and growth, although when one compares the size of the pledge to the region’s estimated $200 to $250 billion infrastructure gap, it’s clear that even more needs to be done to meet peoples’ needs.  
One way to fill the gap is through public-private partnerships or “PPPs,” long-term contracts between a public-sector body and a private-sector entity for the design, construction operation and maintenance of public infrastructure.
martes, 10 de julio de 2012/Author: Dennis Blumenfeld/Number of views (11375)/Comments (0)/ Article rating: No rating

Latin America and the Caribbean: A key destination for Public Private Partnerships

In recent months, there have been interesting developments in the world of Public Private Partnerships which will affect how governments manage these programs in the future. I had the opportunity to attend the PPP Days 2012  in Geneva the last week of February to discuss with representatives from over 90 countries.

Although Latin America and the Caribbean were outnumbered by European, African and Asian countries, the region stood out in terms of its global importance in the PPP market worldwide. Between 1990 and 2011, it accounted for 31% of PPPs globally. Latin America and the Caribbean is also the largest destination for PPP investment in the world. We at the Multilateral Investment Fund have been a partner from the beginning for many of the most significant PPP programs in the region including Chile, Brazil, Colombia, and Mexico as well as new and promising PPP programs such as Uruguay – all of which were represented at the conference.

Key issues of the discussion centered on:

  • renewed pressure of the costs of financing,
  • shortened tenors in many private markets, and
  • transparency, governance and accountability.
domingo, 18 de marzo de 2012/Author: David Bloomgarden/Number of views (6930)/Comments (0)/ Article rating: No rating