WHAT ARE ASOFIN’s OBJECTIVES?
To associate and integrate the regulated microfinance
entities in one organic body.
To propose and design policies oriented to preserve
and protect the interests and priorities of the microfinance
sector within the process of national development.
To represent the associated entities in the defense
of their common interests, ensuring an ethical development
of their activity.
WHAT ARE ASOFIN’s FUNCTIONS?
To represent the associated microfinance entities
before public authorities, the Central Bank of Bolivia,
the Superintendence of Banks and Financial Entities,
as well as before political-administrative, departmental,
national and international organizations.
To strengthen, promote and protect activities of
financial intermediation and auxiliary financial services.
To facilitate, propose, design and manage the implementation
of programs oriented to strengthen the development
of the sector.
To promote dialogue and participate in the debate
with other organizations in matters related to its
To promote institutional bonds with organizations
and international agencies, and to maintain cooperation
and supplementary activities with national and international
To channel support for the improvement of management
techniques at the different levels of the financial
entities specialized in microfinance.
To carry out research that enables the evaluation
the social, economic and financial development of the
To compile and disseminate, among its associates
and public opinion, information relative to the economy
in general and to the activities of the sector in particular.
To analyze all type of regulations and matters that
might affect the sector, and make its position be known.
To offer common or specific interest services that
the Association is in a position to grant to its members,
on economic, legal or social aspects.
To adopt a policy aimed at establishing mutual support
and assistance among its members for the defense of
To propitiate affiliation to related entrepreneurial
organizations at the national and international levels.
To carry out all activities that are fundamental
for attaining its objectives and that do not infringe
legal regulations in force.
ASOFIN does not interfere in the activities, or
in the internal régime of its members. Neither does
it assume representation in labor-management conflicts
or in conflicts of any other type, therefore, it has no
legal capacity to accept summons or notifications, or to
accept any type of labor demands or petitions, or of any
other kind that involve or are submitted against the members
of the Association.