Tag Archives: MiBanco

Smart or Crafty?

by Hugh Sinclair Posted on 7 October, 2014

Smart Campaign rarely speak in public. They lecture, but dislike questions. This is a rational response given their flawed certification model, which has just managed to praise one of the world’s most vilified institutions, Compartamos. Besides a few MIVs paying … Continue reading →

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Update on the Unfolding “Problems” in Peru, Friday February 7th

by Hugh Sinclair Posted on 8 February, 2014

I have received endless calls, emails and messages about my recent post, almost unexpectedly, so I feel obliged to keep my loyal readers up to date on the unfolding problems in Peru. I have therefore diligently prepared three new posts … Continue reading →

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Trouble Brewing in Peru? MiBanco in Dire Straits

by Hugh Sinclair Posted on 6 February, 2014

I was surprised more fuss wasn’t made of Fitch’s October 2013 downgrade of Grupo ACP – the main shareholder of Peru’s flagship microfinance institution (MFI): MiBanco. “The downgrade [] is driven by ACP’s losses (mainly due to foreign exchange volatility … Continue reading →

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