All posts by franuzcategui

What’s a CDFI?

According to CDFI Fund (U.S. Department of Treasury)  a certified Community Development Financial Institution (CDFI) is a specialized financial institution that works in market niches that are underserved by traditional financial institutions. CDFIs provide a unique range of financial products ...
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Key principles of microfinance

Key principles of microfinance were developed in 2004 by ConsultativeGroup to Assist the Poor (CGAP) and endorsed by the leaders at the G8 Summit onJune 10th, 2004. Among the key principles, are the following: – Poor people need a variety of financial services, not just loans. – Microfin...
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We’ve been doing MAGIC.

If someone during an elevator ride asked me what Our MicroLending is doing on these days, I have to say MAGIC! Magic because we were born during the biggest economic crisis of this generation, we have been investing when everyone else is in panic; we are selling a product that few people knew and le...
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