This project is also one of the first programs launched by the MIF under the IDB's "Opportunities for the Majority" initiative, which promotes and finances business innovations and partnerships to help improve income and quality of life in Latin America's low-income communities.
The MIF, an autonomous fund administered by the IDB, promotes development of micro- and small enterprise in Latin America and the Caribbean. It has supported the expansion and professionalization of microfinance in the region since its creation.
The SNV is an organization that seeks to help reduce poverty and improve governability by developing local capacities.
Inter-American Development Bank
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