Latin America

Weekly: Elections, Security & Crowdmap Maintenance

We have few major updates this week including a security patch, our community developer call recording and an upcoming research workshop. Here are some highlights from the Ushahidi weekly:

MICROCAPITAL BRIEF: Mexican Microfinance Institution Banco Compartamos Issues $147m in Long-Term Debt

Mexican microfinance institution Banco Compartamos, S A, Institucion de Banca Multiple has issued local bank bonds (certificados bursatiles bancarios) amounting to MXN 2 billion (USD 147 million) in the local debt capital market.

MICROCAPITAL BRIEF: Inter-American Development Bank Approves Loan Worth $30m to Support Micro-, Small and Medium-Sized Enterprise in El Salvador

The Inter-American Development Bank (IDB), a US-based development finance institution, recently approved a loan of USD 30 million to the “Program to Support Production Development for International Integration,” which will be carried out by El Salvador’s Ministry of Economy, the Ministry of Foreign Affairs and the export promotion agency, National Investment Promotion Agency (PROESA) [1].

MICROCAPITAL BRIEF: Peruvian Microinsurance Company Protecta Predicts First Profit in 2012, Expanding Distribution Network

Protecta, the microinsurance provider of Peru-based microfinance holding company Grupo ACP, reportedly is predicting that it will turn its first annual profit in the year 2012 [1]. Protecta had earlier planned to be profitable by 2014.

MICROCAPITAL BRIEF: Haitian Microfinance Institution Fonkoze Using “Progress out of Poverty Index” to Monitor Economic Progress of Clients in Disaster-Affected Areas

A recent study by the US-based nonprofit Grameen Foundation titled “Rapid Response in the Wake of Disaster: Using the PPI to Design and Support Fonkoze’s Earthquake Recovery Program,” describes how Fonkoze, a Haitian microfinance institution (MFI), is using the Progress out of Poverty Index (PPI), a country-specific poverty assessment tool, in disaster affected areas to monitor and evaluate the

MICROCAPITAL BRIEF: responsAbility Loans $9.2m to Microfinance Institutions FINCA of Mexico, IDEPRO of Bolivia, EDPYME Alternativa of Peru, D-Miro of Ecuador

responsAbility Social Investments AG (responsAbility), a Swiss asset management company that manages four microfinance investment vehicles (MIVs), recently reported to MicroCapital that it made loans to microfinance institutions (MFIs) through its MIVs equivalent to the following amounts: the local-currency equivalent of USD 4.92 million to FINCA Mexico, the local-currency equivalent of USD 850

MICROCAPITAL BRIEF: Dual Return Fund of Vision Microfinance Loans $1.5m to Microfinance Institutions in Colombia, Dominican Republic

Absolute Portfolio Management GmbH, an Austrian investment company that specializes in microfinance, recently reported that the Dual Return Fund – Vision Microfinance Local Currency, a sub-fund of Absolute’s Vision Microfinance that provides loans to microfinance institutions (MFIs) exclusively in local currencies, made debt investments totaling the equivalent of USD 1.5 million in unnamed MFIs

Empowering Chilean Farmers via SMS

COOPEUMO, a grassroots farmer’s cooperative with more than 350 small scale farmers as members provides a number of services to farmers such as technical assistance, credit and training.  Last year COOPEUMO started a pilot project called DatAgro to provide SMS based information to farmers

Dodd leaves Senate one Americas expert short

Senator Dodd's somewhat surprise decision not to stand for re-election leaves the Senate Foreign Relations Committee without its resident Latin America expert.

Boy am I annoyed that FP Passport beat me to the punch on this one, though Obama missed it too.

GeoAméricas Project

GeoAméricas Project

RegionCaribbean, Latin America

Programme Summary

This project uses geographic information systems (GIS) to present cultural, tourist, educational, environmental, and health-related sites and sources of information in coordination with local institutions and authorities.

On a mission to aid farmers in Latin America

This is the eleventh in our series of FrontlineSMS guest posts. Here, Jorge Alonso - a veterinarian turned ICT4D practitioner - discusses his thoughts on the application of the software in agriculture in Latin America

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