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Economy | 30 September, 2009 [ 12:42 ]

Peru has the best business conditions for microfinance, according to a global research


LivinginPeru.com
Isabel Guerra

Peru has been appointed as the country with the best business conditions for microfinance in the world, according to the results of the "Microscope Index 2009."

The results were released by the Multilateral Investment Fund (FOMIN) from the Inter-American Development Bank (BID), Andean Corporation for Development (CAF), the International Finance Corporation (IFC), the World Bank and the Economist Intelligence Unit (EIU).

Peru has reached this qualification for the second year in a row, as the country best qualified in the “Microscope 2009” in Latin America and the Caribbean.

This year, the “Microscope Index 2009” has expanded and covers 55 countries worldwide, so Peru's leadership has evolved from regional only to global.

Bolivia was second in the overall index, and four other Latin American countries were among the first ten positions (Ecuador, Nicaragua, Colombia and El Salvador).

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1 Comment

# Gringito says :
30 September, 2009 [ 16:49 ]

Ok, the orignal Spanish language article „Perú posee el mejor clima de negocios para las microfinanzas“ in LA GESTIÓN describes the indicators of the „Microscope Index 2009”
BUT
what precisely is considered as „microfinance“???
Please define!

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