Strengthening Microfinancing Options for Grupo Bimbo’s Local Retail Distributors

Project Description

Strengthening Microfinancing Options for Grupo Bimbo’s Local Retail Distributors

I-DEV worked with Grupo Bimbo, the world’s largest baked goods company, the Inter-American Development Bank, and FinComun, a leading Mexican microfinance institution, to analyze and redesign the strategy for a multi-million dollar partnership to provide micro-financing for working and growth capital to Bimbo’s distribution network of over 500,000 small bodega owners throughout Mexico.

As a follow on to the assignment, I-DEV’s Managing Director, Jason Spindler was also asked to present key recommendations to Inter-American Development Bank management on how to structure internal processes and partnerships with private sector corporations going forward to maximize successful outcomes.