• Award for Excellence in Microfinance [Categories and Criteria ]  
  
  Best Microfinance Institution
  Winner:    Mibanco, Peru
  Finalists:   BancoSol, Bolivia
                   Compartamos, Mexico
                   CrediAmigo, Brazil
                   FIE FFP, Bolivia
  
  Most Microfinance Outreach
  Winner:   Banco ADOPEM, Dominican Republic
  Finalists:    FMM Popayán, Colombia
                   D-MIRO, Ecuador
                   Fundación Paraguaya, Paraguay
  
  
• Award for Excellence in Enterprise Development Services within Value Chains [Criteria]
  Winner:   Cooperativa Multiactiva de Tenderos Asociados en ACCION RTA, Colombia
  Finalists:   Fish and Farm Cooperative, Colombia
                   Swisscontact, Honduras
                   Asociación de Silvicultores Comunitarios – ASILCOM, Guatemala
                   Fundación para el Desarrollo Empresarial Rural (FUNDER), Honduras
                   Corporación Financiera de Desarrollo – COFIDE, Peru
  
  
• Award for Excellence in Local Entrepreneurship [Criteria]
  Winners: 1st Place. José Eduardo Navarro Ipanaqué
                  2nd Place. Samaniego Siguy Collantes Tafur
                  3rd Place. Elile Faustina Torres García
  Finalists:  Carlos Eduardo Horna Torres
                  Pedro Nolasco Polinar
  

Award Categories:

• Award for Excellence in Microfinance [Criteria]  
  Best Microfinance Institution and Most Microfinance Outreach
• Award for Excellence in Enterprise Development Services within Value Chains [ Criteria]
• Award for Excellence in Local Entrepreneurship [Criteria]

Award for Excellence in Microfinance  
Best Microfinance Institution and Most Microfinance Outreach [Criteria]
Acknowledges institutions that constantly improve their delivery mechanisms and financial products to reach important numbers of microentrepreneurs and other low-income clients. The award recognizes institutions that have also adopted adequate transparency and consumer protection practices while maintaining efficient and profitable operations. This years award will be divided into two categories i) Best Microfinance Institution. Recognizes outstanding performance. Can be either regulated or non-regulated, and ii) Most Microfinance Outreach. Recognizes institutions that reach down market. There is NO APPLICATION PROCESS for these two awards, as all information will be generated directly from The MIX.

Award for Excellence in Enterprise Development Services within Value Chains [Criteria]
Recognizes the efforts to provide business solutions that improve the integration of microenterprises or small agricultural producers within their value chains. The institutions providing business solutions can either offer services with expertise in any one area of a business cycle, such as production, technology, marketing, training, or business management; or it can provide a more comprehensive solution to a given enterprise or groups of enterprises.

Award for Excellence in Local Entrepreneurship [Criteria] (information available only in Spanish)
The objective of this award wast to recognize the wealth of entrepreneurship in the microenterprise sector.  The award was given to a local microentrepreneur in the host country of the XII Foromic, who has successfully developed his or her business through perseverance, dedication, and innovation, and thereby has contributed to his or her community through generation of employment and economic development.

For more information please contact us at foromic@iadb.org

Previous years Winners:

Past Winners and Finalists Matrix (from 1999 to 2009) [printable version]