Pedro Fardella's Contact Details

Pedro Fardella's Company Details

Locfund Next

La Paz, La Paz Department, Bolivia • 8 Employees
Financial Services

LOCFUND is a financing fund in local currency, managed from Bolivia and Costa Rica, dedicated to microfinance institutions in all the region of Latinamerica and The Caribbean. LOCFUND is focused on institutions with limited access to funding, have lesser possibilities to optimize their financing structure and are therefore, more exposed to possible devaluations of their local currencies. These smaller size MFIs can be: * non profit organizations (NGO), * cooperatives, * limited liability credit companies, * regulated microcredit institutions, * institutions that are in the process of transforming their microcredit programs into regulated microfinance companies. LOCFUND's local currency financing will allow these institutions to improve the management of exchange risk and increase their present financial products. In this manner they will be able to satisfy their clients better.