Despite the social and economic importance of MSMEs, access to finance remains a fundamental challenge in the LAC region.
To address this financing gap, the Connectivity, Markets and Finance Division has partnered with public development banks to design medium- and long-term financing solutions to improve productivity, promote economic growth, and encourage gender and social inclusion.
Considering the potential of technology-enabled financial innovations to improve access to finance, the Connectivity, Markets and Finance Division also works with the public sector to design alternative financial regulations that foster inclusion while adequately protecting consumers.
FintechLAC supports the development, consolidation, and integration of a Fintech ecosystem in Latin America and the Caribbean through the promotion of policies and regulations, as well as the institutional strengthening for ecosystem actors.
The Latin American Association of Development Financing Institutions (ALIDE) is the international organization that represents Latin American and Caribbean development banking. It was created in 1968 and, at the invitation of the Government of Peru, established its permanent headquarters in Lima, Peru’s capital city.