Ms. Magnoni is the President of EA Consultants. An international development advisor with over 15 years of international finance and development experience, she has an extensive background in financial market financing and investments, having worked on Wall Street for seven years where she worked for Goldman, Sachs, Chase and BBVA as a fixed income research strategist, covering external and local financial and currency markets in Latin America. Since 2000 she has been working in economic development programs with a strong focus in Latin America. Much of Ms. Magnoni’s recent work has had a strong focus on understanding clients, their needs and their preferences and linking these into the development of products and programs to improve access to finance, markets and social protection for low income segments. She was lead analyst and trainer on a one year activity for Pro Mujer International that aimed to strengthen and centralize its current client information and feedback loop, the organization’s client culture, product development and credit risk management process through sophisticated quantitative and qualitative techniques. She also performed extensive analysis of the market and client needs in Nicaragua, where she worked closely with Banex, a former MSME financial institution. On this project, she performed data mining exercises, market segmentation work, and a study of client satisfaction and demand. She has designed microinsurance programs for a number of institutions, networks and government agencies including REDCAMIF (the Central American Microfinance Network); INISER (Nicaragua’s largest insurer) and most recently FOSIS (A Chilean government social protection program). In 2010, she co-authored an extensive study prepared for the IDB/FOMIN on the constraints to business growth for women microentrepreneurs. Ms. Magnoni holds a Masters degree from Columbia University in International Affairs. She is fluent in Spanish, English and Italian.
Rodolfo Quirós is a Costa Rican economist, with degrees in Economics from the Universidad de Costa Rica and in Agricultural Economics from The Ohio State University. For over 20 years he has been conducting evaluations and research on microfinance organizations and projects as well as analyzing diverse issues in economic development, with an emphasis on rural finance. He has been a consultant in many Latin American countries for a multiplicity of international organizations, including the World Bank and the Food and Agriculture Organization of the United Nations (FAO). He worked in Bolivia as development finance specialist and Deputy Director for SEFIR, a financial services project funded by USAID and implemented by DAI. He was Regional Director for Central America, México and the Caribbean for LOCFUND, a microfinance oriented second-tier lending program. 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. He now works as independent consultant.
Fernando Prado is a Bolivian economist with more than 30 years of experience, mainly in the field of public and private finance, with special emphasis in the area of new development finance and institutional strengthening of microfinance organizations (MFOs). He has a thorough understanding and experience of the microfinance problematic in Latin America. Currently, he is the General Manager of Prospero Microfinanzas Fund LP, an equity investment fund oriented to provide equity and institutional strengthening to small and intermediate microfinance entities of Latin America and the Caribbean. He was the Executive Director of the Association of Financial Entities Specialized in Microfinance (ASOFIN), the Bolivian network that congregates all the private financial entities that are prudentially regulated and supervised by the Superintendence of Banks. From August 2001 to January 2004, he worked for Development Alternatives, Inc. (DAI) in Bolivia, as Chief of Party of the USAID Rural Finance Services Project (SEFIR). In January 1996 he joined the CAF, the Latin American Development Bank, in order to establish the unit that would implement operations and activities that contribute to the establishment and consolidation of formalized, supervised and prudentially regulated MFIs, in its shareholder countries. He was based in Caracas for six years as the Director of Microfinance in CAF. In 1999, he also was requested to develop new and innovative funding mechanisms for the Small and Medium Enterprises (SME), such as venture capital funds, as well as through the design and implementation of strategic alliances between institutions specialized in training/strengthening of the SME. Since February 1989, when Catholic Relief Services (CRS) hired him as Project Coordinator for the AID-Washington Small Enterprise Development Program in Bolivia (SED Matching Grant), he has been engaged in the institutional strengthening of MFIs and their efforts towards becoming formalized financial intermediaries. His role involved also the coordination of similar actions in Peru, Ecuador and Colombia. In January 1995 he was hired, under a UNDP-Ministry of Finance Program (UMBRELLA Project), as National Coordinator for the development and promotion of the People’s Microcredit Program (PMP).
Rebecca Thornton is an Assistant Professor in the Department of Economics at the University of Michigan. Dr. Thornton completed her PhD in Political Economy and Government with a joint degree from the Harvard University Economics Department and the J.F. Kennedy School of Government in 2006. She was an NIA post-doc from 2006 to 2008 at the University of Michigan Population Studies Center. Her research focuses on health and education in developing countries with a focus on gender. Dr. Thornton's research has involved a number of field-experiments in Africa, South Asia, Latin America, and the Middle East including topics such as HIV prevention, reproductive health, family planning, primary education, and health insurance. Dr. Thornton is an affiliate with the Abdul Latif Jameel Poverty Action Lab (J-PAL) whose main aims are to use experimental methods to translate research into policy action and alleviate poverty in the developing world. She is also a junior affiliate in BREAD (Bureau for Research and Economic Analysis of Development).
Jennifer Powers is a microfinance and international development consultant for EA Consultants. She has 12 years of experience in microfinance, investment banking and financial sector development. Over the last 5 years, Ms. Powers has worked on a number of technical assistance programs for MFIs in Latin America, Tanzania and Eastern Europe funded by organizations such as the IFC, IDB, USAID, EFSE and the ILO. These projects have involved quantitative data analysis; qualitative client feedback tools such as interviews and focus groups; MFI diagnostics; financial modeling and strategic advisory. Her most recent work has been focused on supporting women’s small business growth. She is currently working on an evaluation of a program financed by the MIF to support entrepreneurial capacity in women’s businesses in Latin America. She has also authored two recent MIF commissioned research pieces looking at constraints to women’s business growth, “A Business to Call Her Own: Identifying, Analyzing and Overcoming Constraints to Women’s Small Businesses in Latin America and the Caribbean” and “Pure Perseverance: A Study of Women’s Small Businesses in Colombia”. Before joining EA Consultants, Ms. Powers was an Investment Officer with Deutsche Bank Social Investments where she helped manage their microfinance debt funds. Her work in development finance has built upon her experience as an investment banker in Merrill Lynch’s financial institutions group. Ms. Powers holds a Masters from Columbia University’s School of International and Public Affairs and a Bachelors of Economics from Duke University. She speaks English and Spanish fluently.
Xavier Martín’s fifteen years of professional experience in the banking and non-profit sectors include work in more than twenty-five countries. He served as a financial analyst for a leading Spanish savings bank, in its offices in Spain and in France. Subsequently, he coordinated the International Microfinance Program of Un Sol Món Foundation – a non-profit specialized in the provision of microfinance services in developing countries. Since 2005, Mr. Martín has been an independent consultant, primarily in the United States and Latin America, for organizations such as the Grameen Foundation, the Inter-American Development Bank, Microfinance International Corporation, and CGAP. He has also worked in Africa, the Middle East, and South Asia. Past projects include developing financial projections and leading workshops on financial analysis for senior management, conducting field research on small savers, and leading costing studies of existing and planned savings products. Since 2008, Mr. Martín has regularly collaborated with Shorebank International and EA Consultants. He holds a Master´s degree in International Economics and Development from Johns Hopkins University and is currently pursuing a Ph.D. in Socio-Economics and Statistics. He speaks Spanish, English, French, and Catalan.