Microfinance International enter strategic alliance with Guatemala’s Banco Industrial

Microfinance International has entered a strategic partnership with Banco Industrial, a Guatemala-based commercial bank, to jointly serve transnational families in Guatemala.

 

According to Microfinance, the partnership will encompass a range of services to meet diverse financial needs of transnational families comprising remittance senders in the US and recipients in Guatemala.

 

The two parties will first build a remittance platform connecting Banco Industrial and Arias, Microfinance’s money transfer solution.

 

Original source: Banking Business Review