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Microfinance International enter strategic alliance with Guatemala’s Banco Industrial

Thursday, August 5, 2010


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