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        <title>Microfinance Foundation - NEWS BBVA</title>
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        <link>https://www.bbva.com/en/</link>
        <description>NEWS BBVA</description>
        <lastBuildDate>Tue, 24 Mar 2026 10:12:49 +0100</lastBuildDate>
        <language>en-US</language>
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                                <item>
                    <title>Gender Equality Could Boost Global GDP by More than 20%</title>
                    <link>https://www.bbva.com/en/sustainability/gender-equality-could-boost-global-gdp-by-more-than-20/</link>
                    <pubDate>Fri, 20 Mar 2026 09:44:57 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Sofia Martínez Corrons]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[BBVA projects]]>
                            </category>
                                                    <category>
                                <![CDATA[Gender equality]]>
                            </category>
                                                    <category>
                                <![CDATA[Microfinance Foundation]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?post_type=sustainability&#038;p=1151440</guid>
                                            <description>
                            <![CDATA[The 70th Session of the Commission on the Status of Women (<a href="https://www.unwomen.org/en/how-we-work/commission-on-the-status-of-women/csw70-2026" target="_blank" rel="noopener">CSW</a>), held at the United Nations Headquarters in New York, has issued a stark warning regarding "invisible barriers" and discriminatory laws that could delay economic gender equality for nearly 300 years. Performance data from the Microfinance Foundation (<a href="https://www.fundacionmicrofinanzasbbva.org/en/" target="_blank" rel="noopener">BBVAMF</a>) which participated in the summit as a leading institution in financial inclusion, debunks long-standing prejudices regarding financial risk: among the entrepreneurs it serves, women represent 70% of those who successfully transition out of poverty, with their businesses growing at the same rate as those led by men.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[The 70th Session of the Commission on the Status of Women (<a href="https://www.unwomen.org/en/how-we-work/commission-on-the-status-of-women/csw70-2026" target="_blank" rel="noopener">CSW</a>), held at the United Nations Headquarters in New York, has issued a stark warning regarding "invisible barriers" and discriminatory laws that could delay economic gender equality for nearly 300 years. Performance data from the Microfinance Foundation (<a href="https://www.fundacionmicrofinanzasbbva.org/en/" target="_blank" rel="noopener">BBVAMF</a>) which participated in the summit as a leading institution in financial inclusion, debunks long-standing prejudices regarding financial risk: among the entrepreneurs it serves, women represent 70% of those who successfully transition out of poverty, with their businesses growing at the same rate as those led by men.]]>
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                                <item>
                    <title>The Queen of Spain visits the BBVA Microfinance Foundation to learn how small cocoa producers create jobs and combat poverty</title>
                    <link>https://www.bbva.com/en/sustainability/the-queen-of-spain-visits-the-bbva-microfinance-foundation-to-learn-how-small-cocoa-producers-create-jobs-and-combat-poverty/</link>
                    <pubDate>Thu, 16 Jan 2025 06:27:15 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[bsanjuanbenito]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Entrepreneurship &amp; Startups]]>
                            </category>
                                                    <category>
                                <![CDATA[Microfinance Foundation]]>
                            </category>
                                                    <category>
                                <![CDATA[Responsible banking]]>
                            </category>
                                                    <category>
                                <![CDATA[Social]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?post_type=sustainability&#038;p=1079576</guid>
                                            <description>
                            <![CDATA[Three micro-entrepreneurs running small cocoa farming businesses were the stars of ‘Seeds for a sustainable future’, an event organized by <a href="https://www.fundacionmicrofinanzasbbva.org/en/" target="_blank" rel="noopener">the BBVA Microfinance Foundation</a> under the presidency of Queen Letizia of Spain. The Queen, who underlined the Foundation’s invaluable work in supporting the progress of millions of people, was accompanied by BBVA Chair Carlos Torres Vila and by renowned pastry chef Jordi Roca.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[Three micro-entrepreneurs running small cocoa farming businesses were the stars of ‘Seeds for a sustainable future’, an event organized by <a href="https://www.fundacionmicrofinanzasbbva.org/en/" target="_blank" rel="noopener">the BBVA Microfinance Foundation</a> under the presidency of Queen Letizia of Spain. The Queen, who underlined the Foundation’s invaluable work in supporting the progress of millions of people, was accompanied by BBVA Chair Carlos Torres Vila and by renowned pastry chef Jordi Roca.]]>
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                                <item>
                    <title>BBVA and Bancamía grant scholarships to 100 young Colombians</title>
                    <link>https://www.bbva.com/en/co/sustainability/bbva-and-bancamia-grant-scholarships-to-100-young-colombians/</link>
                    <pubDate>Tue, 26 Dec 2023 08:43:24 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Patricia Casas]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Award]]>
                            </category>
                                                    <category>
                                <![CDATA[Communication]]>
                            </category>
                                                    <category>
                                <![CDATA[Development]]>
                            </category>
                                                    <category>
                                <![CDATA[Education]]>
                            </category>
                                                    <category>
                                <![CDATA[Jóvenes]]>
                            </category>
                                                    <category>
                                <![CDATA[Microfinance Foundation]]>
                            </category>
                                                    <category>
                                <![CDATA[Social Inclusion]]>
                            </category>
                                                    <category>
                                <![CDATA[Sustainability]]>
                            </category>
                                                    <category>
                                <![CDATA[Togetherness]]>
                            </category>
                                                    <category>
                                <![CDATA[Youth]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?post_type=sustainability&#038;p=1019184</guid>
                                            <description>
                            <![CDATA[The grants went to the children of micro-entrepreneur clients of Bancamía from all over the country, who will now be able to study at university thanks to the resilience, discipline, creativity and strength shown by their parents.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[The grants went to the children of micro-entrepreneur clients of Bancamía from all over the country, who will now be able to study at university thanks to the resilience, discipline, creativity and strength shown by their parents.]]>
                        </content:encoded>
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                                <item>
                    <title>H.M. the Queen of Spain praises the work of the BBVA Microfinance Foundation on the occasion of its 15th anniversary</title>
                    <link>https://www.bbva.com/en/sustainability/h-m-the-queen-of-spain-praises-the-work-of-the-bbva-microfinance-foundation-on-the-occasion-of-its-15th-anniversary/</link>
                    <pubDate>Wed, 21 Dec 2022 06:35:01 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Alexandra Rojas Rodríguez]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[BBVA projects]]>
                            </category>
                                                    <category>
                                <![CDATA[Microfinance Foundation]]>
                            </category>
                                                    <category>
                                <![CDATA[Sustainability]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?post_type=sustainability&#038;p=954913</guid>
                                            <description>
                            <![CDATA[“It's the determined action in the countries where this foundation is present, and above all, the real transformation in so many peoples' lives, that urge us to hope and strengthens us,” Her Majesty said during the ceremony held to celebrate the 15th anniversary of the BBVA Microfinance Foundation (BBVAMF). BBVA Chair Carlos Torres Vila said, "in recent years the Microfinance Foundation has made a commendable effort to bring digitalization and connectivity to microentrepreneurs and their communities, as a driver of development and a gateway to opportunities." The event also served as the occasion to premiere the documentary 'After the Rain,' a tribute to the courage and resilience of the more than six million vulnerable people that the Foundation has supported over these past fifteen years.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[“It's the determined action in the countries where this foundation is present, and above all, the real transformation in so many peoples' lives, that urge us to hope and strengthens us,” Her Majesty said during the ceremony held to celebrate the 15th anniversary of the BBVA Microfinance Foundation (BBVAMF). BBVA Chair Carlos Torres Vila said, "in recent years the Microfinance Foundation has made a commendable effort to bring digitalization and connectivity to microentrepreneurs and their communities, as a driver of development and a gateway to opportunities." The event also served as the occasion to premiere the documentary 'After the Rain,' a tribute to the courage and resilience of the more than six million vulnerable people that the Foundation has supported over these past fifteen years.]]>
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                                <item>
                    <title>Refugees, displaced persons and migrants: what do the 100 million people fleeing their homes have in common?</title>
                    <link>https://www.bbva.com/en/sustainability/refugees-displaced-persons-and-migrants-what-do-the-100-million-people-fleeing-their-homes-have-in-common/</link>
                    <pubDate>Mon, 20 Jun 2022 07:55:35 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[E057214]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Immigrants]]>
                            </category>
                                                    <category>
                                <![CDATA[Microfinance Foundation]]>
                            </category>
                                                    <category>
                                <![CDATA[Social Area]]>
                            </category>
                                                    <category>
                                <![CDATA[Social challenges]]>
                            </category>
                                                    <category>
                                <![CDATA[Social Inclusion]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?post_type=sustainability&#038;p=925173</guid>
                                            <description>
                            <![CDATA[For the first time in history, the number of displaced people around the world exceeds 100 million, according to the latest UNHCR data. In Ukraine alone, eight million people have fled since February. To put it into perspective,<strong> if a country were formed with all of them, it would rank as the fourteenth most populous on the planet as they are equivalent to more than 1% of the world's population</strong>. This figure includes refugees and asylum seekers, as well as the 53.2 million people displaced by conflicts within their own countries. Many of them flee with little and have to start from scratch, sometimes from an even more vulnerable situation. Their settlement and success in the country of settlement depends very much on their legal status because displaced, migrant and refugee are not synonymous.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[For the first time in history, the number of displaced people around the world exceeds 100 million, according to the latest UNHCR data. In Ukraine alone, eight million people have fled since February. To put it into perspective,<strong> if a country were formed with all of them, it would rank as the fourteenth most populous on the planet as they are equivalent to more than 1% of the world's population</strong>. This figure includes refugees and asylum seekers, as well as the 53.2 million people displaced by conflicts within their own countries. Many of them flee with little and have to start from scratch, sometimes from an even more vulnerable situation. Their settlement and success in the country of settlement depends very much on their legal status because displaced, migrant and refugee are not synonymous.]]>
                        </content:encoded>
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                                <item>
                    <title>15 years of microfinance: a successful formula for inclusion in Latin America</title>
                    <link>https://www.bbva.com/en/sustainability/15-years-of-microfinance-a-successful-formula-for-inclusion-in-latin-america/</link>
                    <pubDate>Wed, 15 Jun 2022 05:24:36 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[E057214]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Microfinance Foundation]]>
                            </category>
                                                    <category>
                                <![CDATA[Social Area]]>
                            </category>
                                                    <category>
                                <![CDATA[Sustainable Finance]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?post_type=sustainability&#038;p=919303</guid>
                                            <description>
                            <![CDATA[In the past 15 years, around 1.5 billion adults have been included in the financial system, where microfinance has played a key role. Giovanni di Plácido, director of Analysis and Research for BBVA Microfinance Foundation (BBVAMF), recounts the creation of loans and monetary transactions to the advent of microfinance as a formula for inclusion, and the Foundation's leading role in the transformation of this sector in its 15 years of activity.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[In the past 15 years, around 1.5 billion adults have been included in the financial system, where microfinance has played a key role. Giovanni di Plácido, director of Analysis and Research for BBVA Microfinance Foundation (BBVAMF), recounts the creation of loans and monetary transactions to the advent of microfinance as a formula for inclusion, and the Foundation's leading role in the transformation of this sector in its 15 years of activity.]]>
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                                <item>
                    <title>Digital skills training boost profits and sales for migrants and displaced communities’ in Colombia</title>
                    <link>https://www.bbva.com/en/sustainability/digital-skills-training-boost-profits-and-sales-for-migrants-and-displaced-communities-in-colombia/</link>
                    <pubDate>Thu, 26 May 2022 00:20:08 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Alexandra Rojas Rodríguez]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[BBVA projects]]>
                            </category>
                                                    <category>
                                <![CDATA[Microfinance Foundation]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?post_type=sustainability&#038;p=917246</guid>
                                            <description>
                            <![CDATA[Andrés Hernández and his wife Carolina left their life in Venezuela in search of safety and economic stability. Like them, almost 7 million Venezuelans have had to abandon the country and are obligated to accept jobs for which they are overqualified, due to their lack of resources or lack of documentation. This was Andres’ reality when he arrived in Colombia. He drove taxis, worked in a nightclub and even joined a mariachi band. Four years later, the couple was able to start a business,<i>“<a href="https://blogs.iadb.org/migracion/es/como-generar-empleo-para-migrantes-y-hacer-crecer-la-economia/">Tu Refuerzo Escolar”</a></i>, a support center for students.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[Andrés Hernández and his wife Carolina left their life in Venezuela in search of safety and economic stability. Like them, almost 7 million Venezuelans have had to abandon the country and are obligated to accept jobs for which they are overqualified, due to their lack of resources or lack of documentation. This was Andres’ reality when he arrived in Colombia. He drove taxis, worked in a nightclub and even joined a mariachi band. Four years later, the couple was able to start a business,<i>“<a href="https://blogs.iadb.org/migracion/es/como-generar-empleo-para-migrantes-y-hacer-crecer-la-economia/">Tu Refuerzo Escolar”</a></i>, a support center for students.]]>
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                                <item>
                    <title>Javier M. Flores: We are proud of helping millions of people improve their quality of life</title>
                    <link>https://www.bbva.com/en/sustainability/javier-m-flores-we-are-proud-of-helping-millions-of-people-improve-their-quality-of-life/</link>
                    <pubDate>Wed, 11 May 2022 05:22:24 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Fernando Morales]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[BBVA Podcast]]>
                            </category>
                                                    <category>
                                <![CDATA[BBVA projects]]>
                            </category>
                                                    <category>
                                <![CDATA[Microfinance Foundation]]>
                            </category>
                                                    <category>
                                <![CDATA[Social]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?post_type=sustainability&#038;p=911372</guid>
                                            <description>
                            <![CDATA[<a href="https://www.fundacionmicrofinanzasbbva.org/en/" target="_blank" rel="noopener noreferrer"><strong>The BBVA Microfinance Foundation (FMBBVA)</strong></a> is celebrating its anniversary. It was founded by BBVA in 2007 as a non-profit organization in the framework of the bank’s corporate social responsibility. With a €200 million endowment, FMBBVA aims to support people in situations of vulnerability with productive activities. In commemoration of this milestone, we spoke with Javier M. Flores, who has been the CEO of the foundation since 2010. With a law degree and MBA from the University of Houston (Texas, U.S.), he is in charge of strategy, executive management and supervision of the microfinance institutions in Latin America.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[<a href="https://www.fundacionmicrofinanzasbbva.org/en/" target="_blank" rel="noopener noreferrer"><strong>The BBVA Microfinance Foundation (FMBBVA)</strong></a> is celebrating its anniversary. It was founded by BBVA in 2007 as a non-profit organization in the framework of the bank’s corporate social responsibility. With a €200 million endowment, FMBBVA aims to support people in situations of vulnerability with productive activities. In commemoration of this milestone, we spoke with Javier M. Flores, who has been the CEO of the foundation since 2010. With a law degree and MBA from the University of Houston (Texas, U.S.), he is in charge of strategy, executive management and supervision of the microfinance institutions in Latin America.]]>
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                                <item>
                    <title>Queen Letizia learns about the BBVA Microfinance Foundation’s efforts for technological inclusion</title>
                    <link>https://www.bbva.com/en/sustainability/queen-letizia-learns-about-the-bbva-microfinance-foundations-efforts-for-technological-inclusion/</link>
                    <pubDate>Wed, 10 Nov 2021 19:26:39 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Alexandra Rojas Rodríguez]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Microfinance Foundation]]>
                            </category>
                                                    <category>
                                <![CDATA[Social]]>
                            </category>
                                                    <category>
                                <![CDATA[Social Inclusion]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?post_type=sustainability&#038;p=873284</guid>
                                            <description>
                            <![CDATA[The <a href="https://www.fundacionmicrofinanzasbbva.org/en/"><strong>BBVA Microfinance Foundation (FMBBVA)</strong></a> organized ‘Connected for digital opportunities’ - an event which H.M. The Queen presided over. BBVA Chairman Carlos Torres Vila, Bank of Spain Deputy Governor Margarita Delgado and the Director General of the BBVA Microfinance Foundation, Javier M. Flores, all participated in the event. The debate focused on boosting economic recovery from a more innovative and inclusive perspective through technology.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[The <a href="https://www.fundacionmicrofinanzasbbva.org/en/"><strong>BBVA Microfinance Foundation (FMBBVA)</strong></a> organized ‘Connected for digital opportunities’ - an event which H.M. The Queen presided over. BBVA Chairman Carlos Torres Vila, Bank of Spain Deputy Governor Margarita Delgado and the Director General of the BBVA Microfinance Foundation, Javier M. Flores, all participated in the event. The debate focused on boosting economic recovery from a more innovative and inclusive perspective through technology.]]>
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                                <item>
                    <title>BBVA Microfinance Foundation, largest global contributor to gender equality initiatives</title>
                    <link>https://www.bbva.com/en/bbva-microfinance-foundation-largest-global-contributor-to-gender-equality-initiatives/</link>
                    <pubDate>Fri, 12 Mar 2021 06:18:53 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[julia.ortega]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Corporate responsibility]]>
                            </category>
                                                    <category>
                                <![CDATA[Gender equality]]>
                            </category>
                                                    <category>
                                <![CDATA[Microfinance Foundation]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=825522</guid>
                                            <description>
                            <![CDATA[Sandra Ceballos is a single mother who besides tending to the needs of her four children, also takes care of the environment through her recycling business. Jessica Quipainao, also the primary breadwinner in her household, preserves her Mapuche heritage by making jewelry. Johana Jurado sells garments to leave a legacy for her daughter, and therefore strives to keep this small business afloat. They are just three of the 1.5 million women entrepreneurs across five Latin American countries that are thriving with help from the <a href="http://www.fundacionmicrofinanzasbbva.org/en/" target="_blank" rel="noopener noreferrer">BBVA Microfinance Foundation (BBVAMF)</a>. Thanks to this work and its development finance initiatives, the Foundation is the top contributor to gender equality, according to the latest report by the Organisation for Economic Cooperation and Development (OECD).]]>
                        </description>
                        <content:encoded>
                            <![CDATA[Sandra Ceballos is a single mother who besides tending to the needs of her four children, also takes care of the environment through her recycling business. Jessica Quipainao, also the primary breadwinner in her household, preserves her Mapuche heritage by making jewelry. Johana Jurado sells garments to leave a legacy for her daughter, and therefore strives to keep this small business afloat. They are just three of the 1.5 million women entrepreneurs across five Latin American countries that are thriving with help from the <a href="http://www.fundacionmicrofinanzasbbva.org/en/" target="_blank" rel="noopener noreferrer">BBVA Microfinance Foundation (BBVAMF)</a>. Thanks to this work and its development finance initiatives, the Foundation is the top contributor to gender equality, according to the latest report by the Organisation for Economic Cooperation and Development (OECD).]]>
                        </content:encoded>
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