BBVA Microfinance Foundation’s Institutions Establish Measures for the 2.2 Million Entrepreneurs It Serves During the Health Crisis

Aligned with its social purpose ‒the sustainable development of entrepreneurs under vulnerable conditions‒ and in light of COVID-19’s progress in Latin America, BBVA Microfinance Foundation’s (BBVAMF’s) six institutions in five countries in the region (Colombia, Peru, Chile, Dominican Republic and Panama) have adopted urgent and necessary measures to help its 2.2 million clients cope with this situation.

These measures, which depend on the decisions on finance and mobility adopted by each country, are aligned with the three objectives that govern BBVAMF’s work during these times: the health of the whole group’s 8,300 employees along with its clients; the continuity of operations, needed so that the institutions could maintain their support to the entrepreneurs served; and the medium and long term sustainability, which would allow the Foundation to keep on fulfilling its purpose.