-
Absolute Portfolio Management Invests $8.5m in Microfinance Institutions in Cambodia, Costa Rica, Ecuador, Peru
Absolute Portfolio Management (APM), an arm of Austria-based asset management group C-Quadrat, recently informed MicroCapital that it disbursed credits totaling the approximate equivalent of USD 8.5 million from its two Vision Microfinance funds, the Dual Return Fund-Vision Microfinance and the Dual Return Fund-Vision Microfinance Local Currency, to unspecified microfinance institutions (MFIs) in Cambodia, Costa Rica, Ecuador and Peru.
- Categories
- Uncategorized
- Region
- Latin America
-
Where Cellular Networks Don’t Exist, People Are Building Their Own
Inside the cloud that is perpetually draped over the small town of San Juan Yaee, Oaxaca, Raúl Hernández Santiago crouches down on the roof of the town hall and starts drilling. Men wearing rain gear of various impermeabilities cluster above him, holding a 4-meter-tall tower in place. Braided wires trail from four small circles welded near its midpoint; eventually those will be bolted or tied down in order to hold the tower steady during the frequent storms that roll through this part of Mexico’s Sierra de Juárez mountains. They don’t want it falling over every time it rains. Ninety thousand of the town’s pesos—a bit over $6,000—are invested in the equipment lashed to the top of the tower, in a town where many residents get by on subsistence agriculture.
- Categories
- Technology
- Region
- Latin America
-
Bolivian Women Bank on Sweet Success of Quinoa Bars
Women in a Bolivian cooperative hope to boost income by adding value to their quinoa crop through making chocolate-coated energy bars.
- Categories
- Agriculture
- Region
- Latin America
-
How Gravity (And a Little Coagulant) Could Transform How Communities Clean Water
Purifying water is a problem as old as civilization. When people started living together in anything bigger than traveling bands of shepherds and hunters, potable water became a shrinking resource. The rotating belt of local oases or springs could satisfy you while you were constantly on the move but once you started needing the communal watering hole to keep your animals upright or your crops alive, cooperation became more tenuous and waterborne diseases became sundry. Getting sick from your drinking water was the tradeoff for settling down, and we’ve been repaying the debt ever since.
- Categories
- Agriculture
- Region
- Latin America
-
SunEdison, IFC, OFID, and CABEI Close $146M Financing for Solar PV Projects in Honduras Totaling 81.7 MW
SunEdison Inc. (Belmont, CA, US) on December 15th, 2014 announced the closing of an approximately USD 146 million non-recourse debt financing arrangement with the International Finance Corporation (IFC), the Central American Bank for Economic Integration (CABEI) and the OPEC Fund for International Development (OFID).
- Categories
- Energy
- Region
- Latin America
- Tags
- renewable energy, solar
-
PRESS RELEASE: Roundtable on Aging and Financial Inclusion in Latin America
Over 40 leaders from across Latin America, including the banking, microfinance, academic, and aging advocacy sectors, joined together in Bogota, Colombia for a roundtable on the topic of Aging and Financial Inclusion. This meeting focused specifically on aging demographics in Latin America and the increasing need for access to quality financial services—including pensions, savings, insurance, loans, and payments.
- Categories
- Uncategorized
- Region
- Latin America
-
Narayana Health Opens Hi-Tech Hospital in the Caribbean
Famed heart surgeon Dr. Devi Prasad Shetty, Mother Teresa's personal physician and founder of Narayana Health — an Indian hospital network that is internationally regarded as one of the world's lowest-cost, highest-quality healthcare providers — is bringing his mission of providing affordable, accessible healthcare to America.
- Categories
- Health Care
- Region
- Latin America
-
Mercario Partnering With Mimetic Markets to Launch First Bitcoin Exchange in Honduras
Honduran Mercario partners up with American Mimetic Markets to launch the first Bitcoin exchange in Honduras. Hosted by Mimetic Markets, freshly announced trading platform Mercario will allow users to trade Honduran lempiras, Brazilian reals and bitcoins on a robust and scalable system. In a company's announcement, Mimetic Markets CEO Sameer Parekh Brenn stated:
- Categories
- Uncategorized
- Region
- Latin America