Red Microfinanciera Katalysis – LMDF presents itself
Red Microfinanciera Katalysis holds its annual meeting of 2013 in Luxembourg
Red Microfinanciera Katalysis held its annual meeting in Luxembourg from the 6th till the 8th of March. This network consists of 23 microfinance institutions specialized in the provision of financial services to small and micro entrepreneurs. Members are operating in four countries of Central America (Guatemala, El Salvador, Honduras and Nicaragua).
On this occasion, the network invited LMDF to present itself to the representants of the MFIs. This allowed the institutions to become familiar with the fund, its mission and objectives. The intervention included a discussion of the current challenges of the sector, including local currency financing and strategic issues in the long term.
Red Katalysis now serves more than 235,000 customers (50% in rural areas), of which 60% are women.