Microfinance Institutions hold summit in Guatemala

Starting next Wednesday, August 27, the IV Conference of Central American Microfinance Institutions will be held in Guatemala City.

Tuesday, August 19, 2008


The event will be held under the theme "Competitive Microfinance with Social Impact" and will finish on Friday, August 29. It is being organized by the Central American Network of Microfinance Institutions (Redcamif) and the Microfinance Institution Network of Guatemala (Redimif).

More on this topic

Costa Rica to Host Microfinance Conference

July 2010

The subject of the fifth Central American Microfinance Conference is "The Financial Crisis: Lessons Learned and New Strategies".

The conference will be held in Hotel Ramada Herradura, San José, Costa Rica from 25 to 27 August and is organized by the Central American Microfinance Network (Redcamif).

Guatemala Needs Standards for Microfinance

January 2011

A law regulating the microfinance market would open the opportunity to capture savings that currently can only be done through cooperatives and banks.

The article by Byron Dardón in Capital.com.pa, reports that the bill on microfinance is expected this year and has the support of the Financial Inclusion Program of the Treasury of the United States, which promotes the adoption in Latin American countries of market governing rules.

Credit to micro-finance institutions increases in Central America

August 2008

Despite a less favorable macro-economic environment, the credit portfolio of the micro-finance sector in Central America grew 28% in 2007 in comparison to the previous year.

Reynold Walter, president of the Central American Network of Micro-Finance Institutions (Redcamif), reported that in 2007 some 99 micro-finance institutions from Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica and Panama granted loans worth US$676.6 million to 814,344 micro-businesses.

Nicaragua's Country Risk Affects Micro-financing

August 2010

The "No Payment" movement is scaring US and European investors, threatening the arrival of $70 million worth of funds for micro finance companies.

"In the last Central American Microfinance Conference the challenges and opportunities faced by the sector were discussed and the Guatemalan moderator, Reynold Walter, concluded by highlighting that governments should discourage 'no payment' movements, which received a round of applause from the attendees.

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