Apr 15

Understanding Micro-Finance

In this vein, argues that "the only guarantee that the benefit does not remain in the hands of investors is competition, because it ensures that prices fall and that the credits are better adjusted to the low-income." Of course, the concern is valid, since we know from the incursions of the transnationals, leading its operations and its effects, appearance, for example, that the Venezuelan government has now taken very seriously the impact of multinationals now play the country effect for people and for the same competition, which is known there is not much productive competitiveness of the country's business sector. It also refers to Manuel Mendez, president of the BBVA Microfinance Foundation, committed to maintaining the social and economic growth as necessary conditions for microfinance to adequately carry out its social mission. This, argues that the sector should expand "dramatically" in scope and reach growth rates "much higher" than today.

It adds that "it is essential therefore that the industry get the scale, scope and operational efficiency necessary to achieve low unit costs and power supply products and services accessible to most people poor. Another interesting topic that was discussed and it is concern for the world, of course, for Latin America is related to the environment, and therefore, the general director of Greenpeace, Juan Lopez de Uralde, was negative with the performance of some firms in Latin America. It states that "the reality on ground is being built coal plants when at the same time, we talk about climate change." In this sense, says the failure to apply the same standards in Europe than in Latin America has led to an emergence of a model of "new conquistador" multinational, in his view, "are accelerating ecological destruction in these countries towards their own interests. More information is housed here: Bridgewater Associates. " Definitely, Professor at the University of San Andres (Argentina) Gabriel Berger, said that companies must generate an entrepreneurial leadership and rethink the way they do business. In this line, said "not enough tools, but that we must go beyond the realities that we are the poorest sectors of society and implement radical changes. " Similarly, Alfred Vernis, company politics professor at ESADE, believes that "we're beginning to see convergence of conduct between social entrepreneurs and organizations", but "it is important that corporate leaders give voice to every American community." No doubt, that events like that is done, give way to actions that produce radical changes in the support of those sectors which generate transformations required to develop their potential to affect everything that generate the changes that prevent Poverty is still manifest. You just have to make way for a new corporate culture, motivate the actors who are involved in these achievements. Source: Press - Communication Corporate Social Responsibility

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