Ms. Otero’s promotion to this highly esteemed position is a wonderful step forward for the world of microfinance. While there has been significant progess in private/non-profit groups using microfinance to help the working poor, the U.S. Government has been a bit slower to proclaim that microfinance could be a leading tool used by the federal government to combat both global and domestic poverty.

With the promotion of Ms. Otero to a central position within the Executive Branch, we hope to see a much more cooperative effort to integrate microfinance into U.S. policy the years to come.

Check out the link below to learn more about Maria Otero:

http://www.fdic.gov/about/comein/biosOTERO.html

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