US$5 million in BBVA Codespa Microfinanzas hedge fund

US$5 million in BBVA Codespa Microfinanzas hedge fund

November 26, 2008
  • The fund generates opportunities for Latin American microfinance entities to access financing in local currency and favor the sustainable development of the region
  • BBVA Codespa Microfinanzas is a socially responsible investment which combines social benefit with return
  • The fund has a capital of 23.5 million euros and a 6.96% accumulated return.