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Viewing cable 08LAPAZ612, GLOBAL MICROFINANCE PARTNERSHIPS: BOLIVIA/OPIC

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Reference ID Created Released Classification Origin
08LAPAZ612 2008-03-17 21:58 2011-08-19 20:00 UNCLASSIFIED Embassy La Paz 
VZCZCXRO7334
PP RUEHLMC
DE RUEHLP #0612 0772158
ZNR UUUUU ZZH
P 172158Z MAR 08
FM AMEMBASSY LA PAZ
TO RUEHC/SECSTATE WASHDC PRIORITY 6865
INFO RUEHQT/AMEMBASSY QUITO 6042
RUEHSN/AMEMBASSY SAN SALVADOR 1812
RUEHGT/AMEMBASSY GUATEMALA 0649
RUEHTG/AMEMBASSY TEGUCIGALPA 0554
RUEHME/AMEMBASSY MEXICO 2229
RUEHMU/AMEMBASSY MANAGUA 0504
RUEHPE/AMEMBASSY LIMA 3640
RUEHLMC/MILLENNIUM CHALLENGE CORP
 
UNCLAS LA PAZ 000612 
 
SIPDIS 
 
SIPDIS 
 
E.O. 12958: N/A 
TAGS: EINV BL ECIN ES GT HO MX NU PE
SUBJECT: GLOBAL MICROFINANCE PARTNERSHIPS:  BOLIVIA/OPIC 
 
REF: SECSTATE 22448 
 
 
ΒΆ1. Embassy La Paz supports the Overseas Private Investment Corporation (OPIC) initiative to support microfinance institutions in Latin America. The three Bolivian microfinance institutions (Crecer, Diaconia, and Pro Mujer Bolivia) are non-profit, non-regulated NGOs that are authorized to provide credit only and cannot accept deposits from the public. All three entities are well-regarded within the microfinance community in Bolivia. Currently USAID/Bolivia is working directly with Pro Mujer Bolivia to support the provision of basic health services, but not to support the credit side of their operations. USAID/Bolivia does not work with either of the other institutions. Post is not aware of any potential ties to terrorism, money laundering, corruption, or violations of the law for any of the three institutions.

GOLDBERG