Tell us about your partnerships
Fundación Capital has excellent relationships with national and local governments throughout the Latin American region, and has already implemented financial education initiatives on a regional scale through its Proyecto Capital. We work hand in hand with financial institutions, and use government social programs such as CCTs, to target and reach low-income and rural populations. We've worked with experts such as Microfinance Opportunities, and have written agreements with financial institutions such as Banca de las Oportunidades and numerous government bodies both in Colombia and the region.
Are you currently targeting other specific populations, locations, or markets for your innovation? If so, where and why?
Yes. Following the pilot phase of the project, in 2013 we are looking to broaden our activities within Colombia (reaching more women, targeting other government social programs, providing training for persons working on these projects, etc.). We are also planning to expand our geographic reach, responding to expressed interest in Peru, the Dominican Republic, and Mozambique. We are looking beyond basic financial education topics in order to include additional modules that focus on entrepreneurship, youth savings, and gender empowerement.
What type of operating environment and internal organizational factors make your innovation successful?
The staff of Fundación Capital is a highly interdisciplinary and innovative group, that takes calculated risks in order to develop lasting and scalable solutions for achieving financial inclusion. Our diverse international team brings a wealth of cultural experiences and unique ideas, which are incorporated into our organization's methodology and solution-seeking approach. We work under the leadership and guidance of our visionary President, whose expansive international development experience has taught him, and therefore us, that even the smallest ideas can make a big difference. He encourages us to take risks and dream big, following the maxim that "The greatest mistake a man can ever make is to be afraid of making one (Elbert Hubbard)."
Please elaborate on any needs or offers you have mentioned above and/or suggest categories of support that aren't specified within the list
We can offer our regional expertise and excellent relationships with various governments and national entities within the Latin America and the Caribbean region. We also offer mentorship and strategic advice to other organizations.