Fintech Potential for Remittance Transfers: A Central America Perspective
This paper analyzes the potential for fintech to facilitate cheaper and more efficient remittances, and to enhance financial inclusion in Central America.
Seguros Futuro: Growth of El Salvador’s Only Cooperative Insurer
This brief demonstrates the growth of Seguros Futuro and its new parametric insurance product.
Reducing Incidence of Child Labor and Harmful Conditions of Work in Economic Strengthening Initiatives (RICHES)
Key policy and strategy recommendations that women’s economic empowerment actors, such as financial service providers and women’s business support organizations, can implement at the organizational- and client-level.
El Salvador Receives $173.3 Million Less in Remittances in the First Quarter of 2020
Family remittances received by El Salvador totaled $1,600.7 million in the period from January to April 2020, lower by $173.3 million compared to the same period of the previous year, with a reduction equivalent to -9.8 percent.
Bitcoin Is Part of the Pitch As El Salvador Courts IMF Deal
The cryptocurrency will lose its reputation as a speculative asset and prove its use as a legitimate payment system, central bank President Douglas Rodriguez said in an interview on Monday.
Mastercard Commits to Delivering Economic Empowerment Tools and Resources to More Than One Million Women in Guatemala, El Salvador and Honduras
The commitments are part of Mastercard’s engagement, as a founding member, in the Partnership for Central America.
IFC Helps Banco Agricola Increase Access to Finance, Respond to COVID-19 Pandemic in El Salvador
The financing package aims to support micro, small and medium enterprises, women-owned SMEs, housing for underserved segments, and climate-smart investments, including green buildings.
El Salvador Bitcoin Transfers Soar, but Still a Fraction of Dollar Remittances
Small transfers of bitcoin to El Salvador jumped over four-fold in May from a year ago but still represent a small amount when compared to remittances sent in dollars.