The BBVA Foundation and AMPYME have agree to the first private-public partnership for microfinancers in Panama.
The Microfinance Foundation of the Spanish bank BBVA has teamed up with the Authority for Micro, Small and Medium Enterprises in Panama to promote the use of financial products from these companies.
The purpose of the alliance is to bring these products to companies that usually have no access to banking services.
Bancredito signed a deal with the BBVA Foundation to offer microcredit in Costa Rica
The agreement will allow Bancredit to take advantage of the BBVA Foundation's experience in the development and implemenation of financial products and services for small companies.
The Microfinance fundation, BBVA, is an entity created by the BBVA Group in accordance with its strategy of corperate responsibility.