Fernando is General Manager of Bolivian Investment Management (BIM Ltd.) enterprise that manages seven investment funds, including LOCFUND. He is also President of the Board of Panamerican Securities, a Bolivian brokerage house. Fernando Sanchez has 13 years of experience managing Investment Funds and in capital markets. He headed the design and launching, as well as forming the executive team of LOCFUND LP and in Carlson Funds Bolivia Facilities, an investment fund for Bolivia.  He is currently a member of the Board in important enterprises in Bolivia. In the past he was in charge of managing various investment portfolios for Panamerican Securities and was an official trader for the Bolivian Securities Exchange. For seven years Fernando Sanchez taught subjects related to finance and the capital markets in different master and bachelor programs in Universidad Católica Boliviana and Universidad Mayor de San Andrés. He has a Master degree in Business Administration from the UCB-Harvard Program, Masters for Development Programs in La Paz, Bolivia and graduated with honors in Economic and Business Administration Sciences from Universidad Gabriela Mistral in Santiago, Chile.
fsanchez@locfund.com

Rodolfo is a Costa Rican economist who has been conducting evaluations and research on rural finance and microfinance organizations and projects in Ecuador, Bolivia and Costa Rica as well as analyzing diverse issues in economic development and global risk assessment.  He has been a consultant in many Latin American countries for international organizations such as The Ohio State University, DAI, RUTA, FAO, IDB, USAID, the World Bank, GTZ and Chemonics.  Until 2004 he worked in Bolivia as development finance specialist and Deputy Director for SEFIR, a financial services project funded by USAID and implemented by Development Alternatives Inc (DAI). SEFIR supported the institutional strengthening of microfinance institutions in their various objectives of growth and innovations so as to consolidate the microfinance industry in that country. The program also gave support to the Superintendence of Banks and Financial Entities of Bolivia and to the creation of a private credit bureau. Before and after his work in Bolivia, he has been associated with Academia de Centroamérica, a research institute based in Costa Rica, where he has participated in numerous research and policy dialogue exercises.  As a consultant he has conducted institutional evaluations, research, trainings and given lectures.  He has also held administrative positions as director, deputy director and regional or country coordinator of a series of technical assistance, research and training projects. Rodolfo Quiros studied Economics in Costa Rica and has a Master degree in Agricultural Economics from The Ohio State University.
rquiros@locfund.com

Hans has worked since 1998 at the Superintendence of Banks and Financial Entities of Bolivia (SBEF), as a Financial Supervisor for the Intendance of Norms and the Intendence of Basel Implementation, with emphasis in the development of regulation and supervision for microfinance, and in charge of  coordination in the SBEF in microfinance, being subsequently Chief of Financial Analysis and interim Executive Director of the Financial Intelligence Unit of the SBEF. He was also a development finance specialist for a project of support for the financial sector in Bolivia, managed by WOCCU and financed by USAID, in which he performed different analysis of the performance of the financial sector, the newly organized development bank, the financial cooperatives and microcredit NGOs, and also coordinated and assessed plans for a Rural Expansion Facility for the same project. He is part of the academic team of the Microfinance Program at Centro AFIN in Bolivia, as well as other centers specialized in microfinance training, lecturing in subjects ranging from regulation and supervision, to credit risk and internal control. He has microfinance experience in Mexico, Colombia, Bolivia, Peru, Honduras and Brazil. Hans studied Economics in Bolivia, has a MBA from the Universidad Católica Boliviana (MPD) and has a Master degree in Development Finance from the University of Manchester (United Kingdom).
hansh@locfund.com

Cesar started his career at ENSERBIC S.A. a Credit Information Bureau in 2004, as Regional Manager he was in charge of the operational and commercial areas in La Paz and Oruro. Since 2006, he was part of the Pro Mujer Network working in the financial area of Pro Mujer Bolivia and later as CFO at Pro Mujer Argentina. He was consultant for the Fondo de Desarrollo del Sistema Financiero (FONDESIF) in the evaluation process of the technical assistant projects that this entity executed. He is currently member of the Board of Directors in Porvenir S.A. an MFI in Bolivia. Cesar has a Masters Degree in Corporate Finance from the Universidad Catolica Boliviana (MpD) and graduated in Business Management at the same University, he also has two specialization courses in microfinance at Universidad Andina Simón Bolivar and at The Boulder Institute of Microfinance.

ccastillo@locfund.com

Pedro is an Economist with 29 years of experience in the Bolivian financial system, in various commercial banks. For the last 13 years his professional life has been dedicated to microfinance institutions, as National Operations and Finance Manager of Banco Solidario (BancoSol) and National Finance and Operations Manager of Banco Los Andes Procredit.  He has participated in various technical committees and consulting assignments for ASOFIN of Bolivia (the Association of Financial Entities Specialized in Microfinance), and of ASOBAN (the Association of Private Banks of Bolivia).  Pedro Fardella also participated in the re-launching of the Bolivian Stock Exchange, as Vice President and President of that country’s Association of Brokers.  His academic work includes a professorship in Universidad Católica Boliviana as well as in various seminars in the areas of finance, bank management and operations, internal and risks control.  He is part of the academic team of the Microfinance Program at Centro AFIN in Bolivia, an international center in support of innovations in finance.  This long experience as operator in microfinance, as well as professor and consultant, is now part of LOCFUND’s team in its Technical Support Facility. Pedro Fardella has a Licenciatura in Economics degree from Universidad Católica Boliviana.
pfardella@locfund.com