Posts Tagged ‘Latin America and Caribbean’

Profitability of LAC microfinance institutions decline

Microfinance Focus, Aug 20, 2010: The Latin American and the Caribbean region (LAC), which is home to some of the most evolved microfinance institutions (MFIs) in the world has reported an eroding profitability in the latest Benchmark published by Microfinance Information Exchange for 2009. Although the region’s 343 MFIs who reported to MIX have accumulated a Gross Loan Portfolio of US$ 19.6 billion representing a 25.4% ... Full story

IFAD approves $218 million for rural poverty works worldwide

By Naagesh, N. Microfinance Focus, Sept. 17, 2009: At its board meeting in Rome, the International Fund for Agricultural Development (IFAD) has approved $161.56 million in loans and $56.26 million in grants for projects helping smallholder farmers adapt to a changing climate and contributing to reductions in greenhouse gas emissions. Full story
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