Chairman of an international bank, Julio M. Herrera Velutini is a banking executive with a 120 year family history in banking. It is important for a legacy holder such as Julio M. Herrera Velutini to put extra effort into maintaining his impression on world banking. Recently, he initiated an agreement with MicroCapital to grow the microfinance sector in Costa Rica by offering small loans. This project is geared towards people with limited or no access to financial services. Typically, the financial services are provided to small businesses to help them grow their businesses, provide jobs, and, ultimately, improve the Costa Rican economy. Not just loans, the services include savings accounts, credit cards, money transfers, and micro-insurance. Costa Rica has steadily expanded its economy and, as a result, it has one of the lowest poverty rates in Latin America and the Caribbean. Mr. Velutini's foundation and MicroCapital help bridge the gap in inequality of the Costa Rican people by helping low-income business owners receive the same benefits as wealthy and middle-income earners.
0 Comments
|
AuthorMr. Velutini has experience with both established banks and young banks. S Archives
December 2017
Categories
All
|