The Inside Scoop on Latin America's Largest Microfinance Institution

The Stanford Students for Engagement and Activism in Microfinance (SEAM), together with the Program on Poverty and Governance at the Center on Democracy, Development, and the Rule of Law, and the Center for Latin America Studies present, The Inside Scoop on Latin America's Largest Microfinance Institution. This event will feature Carlos Danel, Co-founder and Vice President of Compartamos Banco with an introduction by Professor Beatriz Magaloni of the Political Science department.

COMPARTAMOS BANCO was founded in 1990 as an NGO to help create opportunities for development and to allow micro-businesses to grow. In 2006, it established itself as a commercial bank, and in 2008 opened for public investment. Its growth has been unprecedented, currently serving more than 1.6 million clients. Compartamos has been recognized numerous times as one of the best companies to work for in Mexico. Moreover, it is the largest microfinance institution in Latin America.

CARLOS DANEL has been with Compartamos from the beginning as Co-Founder and is the Co-CEO. At the World Economic Forum in 2003, Danel was named a Young Global Leader. He serves on the board of Progresso Financiero, Vista Desarrollos, Grupo CP, and VIFAC A.C. He holds a degree in architecture from the the Universidad Iberoamericana and an MBA from the Instituto Panamericano de Alta Dirección de Empresas.