Identifier
Created
Classification
Origin
08LAPAZ612
2008-03-17 21:58:00
UNCLASSIFIED
Embassy La Paz
Cable title:
GLOBAL MICROFINANCE PARTNERSHIPS: BOLIVIA/OPIC
how-toVZCZCXRO7334 PP RUEHLMC DE RUEHLP #0612 0772158 ZNR UUUUU ZZH P 172158Z MAR 08 FM AMEMBASSY LA PAZ TO RUEHC/SECSTATE WASHDC PRIORITY 6865 INFO RUEHQT/AMEMBASSY QUITO 6042 RUEHSN/AMEMBASSY SAN SALVADOR 1812 RUEHGT/AMEMBASSY GUATEMALA 0649 RUEHTG/AMEMBASSY TEGUCIGALPA 0554 RUEHME/AMEMBASSY MEXICO 2229 RUEHMU/AMEMBASSY MANAGUA 0504 RUEHPE/AMEMBASSY LIMA 3640 RUEHLMC/MILLENNIUM CHALLENGE CORP
UNCLAS LA PAZ 000612
SIPDIS
SIPDIS
E.O. 12958: N/A
TAGS: EINV BL ECIN ES GT HO MX NU PE
SUBJECT: GLOBAL MICROFINANCE PARTNERSHIPS: BOLIVIA/OPIC
REF: SECSTATE 22448
UNCLAS LA PAZ 000612
SIPDIS
SIPDIS
E.O. 12958: N/A
TAGS: EINV BL ECIN ES GT HO MX NU PE
SUBJECT: GLOBAL MICROFINANCE PARTNERSHIPS: BOLIVIA/OPIC
REF: SECSTATE 22448
1. Embassy La Paz supports the Overseas Private Investment
Corporation (OPIC) initiative to support microfinance
institutions in Latin America. The three Bolivian
microfinance institutions (Crecer, Diaconia, and Pro Mujer
Bolivia) are non-profit, non-regulated NGOs that are
authorized to provide credit only and cannot accept deposits
from the public. All three entities are well-regarded within
the microfinance community in Bolivia. Currently
USAID/Bolivia is working directly with Pro Mujer Bolivia to
support the provision of basic health services, but not to
support the credit side of their operations. USAID/Bolivia
does not work with either of the other institutions. Post is
not aware of any potential ties to terrorism, money
laundering, corruption, or violations of the law for any of
the three institutions.
GOLDBERG
SIPDIS
SIPDIS
E.O. 12958: N/A
TAGS: EINV BL ECIN ES GT HO MX NU PE
SUBJECT: GLOBAL MICROFINANCE PARTNERSHIPS: BOLIVIA/OPIC
REF: SECSTATE 22448
1. Embassy La Paz supports the Overseas Private Investment
Corporation (OPIC) initiative to support microfinance
institutions in Latin America. The three Bolivian
microfinance institutions (Crecer, Diaconia, and Pro Mujer
Bolivia) are non-profit, non-regulated NGOs that are
authorized to provide credit only and cannot accept deposits
from the public. All three entities are well-regarded within
the microfinance community in Bolivia. Currently
USAID/Bolivia is working directly with Pro Mujer Bolivia to
support the provision of basic health services, but not to
support the credit side of their operations. USAID/Bolivia
does not work with either of the other institutions. Post is
not aware of any potential ties to terrorism, money
laundering, corruption, or violations of the law for any of
the three institutions.
GOLDBERG