Training of Credit Officers
Training
The BBVA Microfinance Foundation operates within different aspects of training to improve the human and institutional capital in the microfinance sector and thus contribute to its development. To do so, it has signed an agreement with the Inter-American Development Bank (IDB) to train microfinance credit officers to help reduce the current shortage of professionals in the sector, which is an obstacle to its expansion and growth.
The Microfinance Specialist Training Program is run in partnership with the National Distance Learning University (UNED) and prestigious local universities and institutions. It gives each student a broad knowledge of the microfinance sector from an economic, business and social perspective, which is specialized and adapted in each case to the profile of the low-income population that they will have to deal with. The program may be taken in two forms, online and face-to-face. Those taking part receive a double diploma from the two universities.
As of September 2011, the Foundation has trained more than 1,200 microfinance specialists through the various courses given in Peru, Colombia, Chile and Argentina.