The Inside Scoop on Latin America's Largest Microfinance Institution
The Stanford Students for Engagement and Activism in Microfinance (SEAM), together with the Program on Poverty and Governance at the Center on Democracy, Development, and the Rule of Law, and the Center for Latin America Studies present, The Inside Scoop on Latin America's Largest Microfinance Institution. This event will feature Carlos Danel, Co-founder and Vice President of Compartamos Banco with an introduction by Professor Beatriz Magaloni of the Political Science department.
COMPARTAMOS BANCO was founded in 1990 as an NGO to help create opportunities for development and to allow micro-businesses to grow. In 2006, it established itself as a commercial bank, and in 2008 opened for public investment. Its growth has been unprecedented, currently serving more than 1.6 million clients. Compartamos has been recognized numerous times as one of the best companies to work for in Mexico. Moreover, it is the largest microfinance institution in Latin America.
CARLOS DANEL has been with Compartamos from the beginning as Co-Founder and is the Co-CEO. At the World Economic Forum in 2003, Danel was named a Young Global Leader. He serves on the board of Progresso Financiero, Vista Desarrollos, Grupo CP, and VIFAC A.C. He holds a degree in architecture from the the Universidad Iberoamericana and an MBA from the Instituto Panamericano de Alta Dirección de Empresas.
Koret Pavilion
Ziff Center (Hillel)
Stanford University
Beatriz Magaloni
Dept. of Political Science
Encina Hall, Room 436
Stanford University,
Stanford, CA
Beatriz Magaloni Magaloni is the Graham Stuart Professor of International Relations at the Department of Political Science. Magaloni is also a Senior Fellow at the Freeman Spogli Institute, where she holds affiliations with the Center on Democracy, Development and the Rule of Law (CDDRL) and the Center for International Security and Cooperation (CISAC). She is also a Stanford’s King Center for Global Development faculty affiliate. Magaloni has taught at Stanford University for over two decades.
She leads the Poverty, Violence, and Governance Lab (Povgov). Founded by Magaloni in 2010, Povgov is one of Stanford University’s leading impact-driven knowledge production laboratories in the social sciences. Under her leadership, Povgov has innovated and advanced a host of cutting-edge research agendas to reduce violence and poverty and promote peace, security, and human rights.
Magaloni’s work has contributed to the study of authoritarian politics, poverty alleviation, indigenous governance, and, more recently, violence, crime, security institutions, and human rights. Her first book, Voting for Autocracy: Hegemonic Party Survival and its Demise in Mexico (Cambridge University Press, 2006) is widely recognized as a seminal study in the field of comparative politics. It received the 2007 Leon Epstein Award for the Best Book published in the previous two years in the area of political parties and organizations, as well as the Best Book Award from the American Political Science Association’s Comparative Democratization Section. Her second book The Politics of Poverty Relief: Strategies of Vote Buying and Social Policies in Mexico (with Alberto Diaz-Cayeros and Federico Estevez) (Cambridge University Press, 2016) explores how politics shapes poverty alleviation.
Magaloni’s work was published in leading journals, including the American Political Science Review, American Journal of Political Science, Criminology & Public Policy, World Development, Comparative Political Studies, Annual Review of Political Science, Cambridge Journal of Evidence-Based Policing, Latin American Research Review, and others.
Magaloni received wide international acclaim for identifying innovative solutions for salient societal problems through impact-driven research. In 2023, she was named winner of the world-renowned Stockholm Prize in Criminology, considered an equivalent of the Nobel Prize in the field of criminology. The award recognized her extensive research on crime, policing, and human rights in Mexico and Brazil. Magaloni’s research production in this area was also recognized by the American Political Science Association, which named her recipient of the 2021 Heinz I. Eulau Award for the best article published in the American Political Science Review, the leading journal in the discipline.
She received her Ph.D. in political science from Duke University and holds a law degree from the Instituto Tecnológico Autónomo de México.
FSI researchers strive to understand how countries relate to one another, and what policies are needed to achieve global stability and prosperity. International relations experts focus on the challenging U.S.-Russian relationship, the alliance between the U.S. and Japan and the limitations of America’s counterinsurgency strategy in Afghanistan.