Latin America News

Accion, a Global Microfinance Conglomerate has invested US $1.9m in CrediConfia, an east-central Mexico based Microfinance Company, according to an official release. The investment provides Accion with a nine percent stake in CrediConfia, a board seat, and the opportunity to engage in a three-year service...

The Microfinance Banana Skins Survey 2012 highlights concerns about overindebtedness, which was ranked as a top risk by over half of participating respondents. The report describes the risks facing the global microfinance industry in the early part of 2012, a time when it is struggling to recover from the global...

International Finance Corporation (IFC) a member of World Bank has made its first insurance investment in Chile. $ 10 million is provided to Aseguradora Magallanes to help in expanding the availability of insurance to those underserved small businesses in the country.

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