Dieter Wittkowski

Dieter Wittkowski is a Lead Investment Specialist in the IDB’s Multilateral Investment Fund (MIF), where he has been coordinating the IDB’s Social Entrepreneurship Program in Latin America and the Caribbean since 2007, based out of Ecuador and Peru.

By Dieter Wittkowski

Blog

Creative Partnerships Promote Rural Credit in the Andes

The competitiveness and sizable growth of microlending in the Andean Region can be largely attributed to the favorable regulatory framework, but the creativity of the stakeholders in the industry has been an important factor as well. The supervisory authorities in the region’s financial sector have recognized the importance of microlending in the promotion of financial inclusion and have gradually created an environment that has been open to creativity and has enabled the different players to come up with financial services for previously underserved populations in rural areas.