Cesar Rodrigo Castillo Zambrana Email & Phone Number

La Paz, Bolivia

Head of the investment team. Part of the team that launched Locfund II LP (2013) and Locfund Next LP (2020).

Finanzas II Maestrías para el Desarrollo

Risk Management and Capital Markets

La Paz, Bolivia

Capital Markets, Risk Management and Financial Institutions.

Fibra FIC (USD 90MM) is the first Real State Fund established in Bolivia (2016). Fibra FIC is a close ended fund registered in the Bolsa Boliviana de Valores (BBV ). Main investors of the fund are local pension funds. Panamerican SAFI is the asset manager and is part of Grupo Panamerican. The investment committee overseas the implementation of the fund's overall investment policy.

La Paz

Panamerican is a leading security brokerage and Investment Banking firm in Bolivia.

La Paz

Financial analysis for Microfinance Institutions. Students from several countries.

Bolivia - Costa Rica - Peru

Part of the team that designed and launched LOCFUND II LP. In charge of the development of the investment pipeline, investment policy and interest rate pricing model. Responsible of the recruitment of investment team of the fund. Currently heading the portfolio development stage.Following the success of LOCFUND (the local currency Microfinance fund for Latin America) established in 2007, LOCFUND II was set up in 2013. Norfund, FMO and MIF (Interamerican Development Bank) are the anchor… Show more Part of the team that designed and launched LOCFUND II LP. In charge of the development of the investment pipeline, investment policy and interest rate pricing model. Responsible of the recruitment of investment team of the fund. Currently heading the portfolio development stage.Following the success of LOCFUND (the local currency Microfinance fund for Latin America) established in 2007, LOCFUND II was set up in 2013. Norfund, FMO and MIF (Interamerican Development Bank) are the anchor investors in both the first and the second fund. LOCFUND has been very successful in deploying local currency loans, an innovation in itself, to more than 45 MFIs throughout 13 countries. These have received 97 loans, mobilizing more than USD 68MM which has reached more than 1.7 million microenterprises of which 58% have been women (as of november 2013).The innovation in this second fund is that it will be double the size of the first fund with USDM 60, of which half of it will be debt. The fund will still continue to focus at Tier 2, 3 MFIs (Small and Medium MFIs). Local currency loans are becoming more common within the larger institutions, but are still relatively non-existent within the second tier MFIs which are LOCFUND IIs target. Finally, it will also help some of the MFI’s which have grown quickest to access the local bond markets. Show less

Costa Rica - Bolivia

In charge of the overall operations of the Fund. Commanding a seven member investment team distributed among Bolivia, Costa Rica and Perú. Head of the soft landing process of the fund.Oversees a Credit Portfolio of USD 30mm distributed over 34 Microfinance institutions in 13 countries. LOCFUND is a micro-financing fund that offers loans(tier 2 and 3 capital) in local currency to micro-financing institutions in Latin America. The institution has total assets of USD 30 million… Show more In charge of the overall operations of the Fund. Commanding a seven member investment team distributed among Bolivia, Costa Rica and Perú. Head of the soft landing process of the fund.Oversees a Credit Portfolio of USD 30mm distributed over 34 Microfinance institutions in 13 countries. LOCFUND is a micro-financing fund that offers loans(tier 2 and 3 capital) in local currency to micro-financing institutions in Latin America. The institution has total assets of USD 30 million. The fund was established in 2007 as a result of high demand for local-currency products. The founding owners are Norfund, FMO and IDB. With its investment, the owners wish to contribute to financing of micro-financing institutions in local currencies, and thereby strengthening their risk management.Since inception, Locfund I has been a successful fund, reaching both its social targets, with 65.000 final clients reached, and its financial objective, with an expected IRR of 8,7% as per December 2012. Those convincing results have been reached not only through the investment, but also thanks to the technical assistance facility. Show less

La Paz, Bolivia

In charge of the operations in South America.- Oversees a USD $20.9MM credit portfolio (70% of Locfund total portfolio) distributed among Argentina, Bolivia, Colombia, Ecuador, Paraguay, Peru and Mexico, - In charge of an investment team of five members distributed in Bolivia and Peru.- In charge of FX risk management of the fund. Strategy of currency diversification and FX hedging instruments.- In charge of financial reporting of Locfund performance.

- Oversees a USD $13.5MM credit portfolio, 24 loans distributed among 11 microfinance institutions. Total Locfund portfolio was USD $30.7MM, - Disbursements of USD $6.9MM distributed in 8 loans. During the same period the fund disbursed 14 loans.- Investment and evaluation processes were conducted in Argentina, Bolivia, Ecuador, Paraguay, Peru, Mexico, Uruguay.

LOCFUND is an international fund that offers financing to Microfinance Institutions in local currency in Latin America and the Caribbean. The fund was established by; Interamerican Development Bank, Corporación Andina de Fomento, Norwegian Investment Fund for Developing Countries, Grey Ghost Microfinance Fund, responsibility, Belgian Investment Company for Developing Countries and Hyos Invest Holding AG.Main results:- Disbursements of USD $3.45MM distributed in 6 loans in just nine… Show more LOCFUND is an international fund that offers financing to Microfinance Institutions in local currency in Latin America and the Caribbean. The fund was established by; Interamerican Development Bank, Corporación Andina de Fomento, Norwegian Investment Fund for Developing Countries, Grey Ghost Microfinance Fund, responsibility, Belgian Investment Company for Developing Countries and Hyos Invest Holding AG.Main results:- Disbursements of USD $3.45MM distributed in 6 loans in just nine months. During the same period the fund disbursed 13 loans.- Investment and evaluation processes were conducted in Argentina, Bolivia, Ecuador and Mexico. Show less

- Member of the board of directors of Porvenir S.A., a microfinance organization specialized in Village Banking.

- Hired by PRO MUJER INTERNATIONAL (NY) as Chief Financial Officer of Pro Mujer Argentina, an organization specialized in microfinance and human development.- Involved in all strategic decisions of the organization, including the development of the strategic business plan.- Involved in the development of the strategic business plan for Pro Mujer International (NY), Mexico, Feb 2009.- Development and implementation of accounting, budgeting, management, credit risk assessment and… Show more - Hired by PRO MUJER INTERNATIONAL (NY) as Chief Financial Officer of Pro Mujer Argentina, an organization specialized in microfinance and human development.- Involved in all strategic decisions of the organization, including the development of the strategic business plan.- Involved in the development of the strategic business plan for Pro Mujer International (NY), Mexico, Feb 2009.- Development and implementation of accounting, budgeting, management, credit risk assessment and treasury processes and systems.- Implementation of reporting system for management use.- Responsible for fund raising (domestic and international), of USD Two Million to finance the microloans portfolio.- Oversees an investment portfolio of USD 300,000.- Management and coordination of a Financial Program with the International Development Bank, of USD One Million. Show less

- Involved in the development of the strategic business plan.- Development of a financial model to manage assets and liabilities.- Analysis of the performance of the organization, its branches and the competition.- Monitoring of financial costs.- Responsible for fund raising (domestic and international), USD 12 Million to finance the microloans portfolio.- Oversees an investment portfolio of USD 1,5 Million.- Member of the Certifying Committee in the evaluation process… Show more - Involved in the development of the strategic business plan.- Development of a financial model to manage assets and liabilities.- Analysis of the performance of the organization, its branches and the competition.- Monitoring of financial costs.- Responsible for fund raising (domestic and international), USD 12 Million to finance the microloans portfolio.- Oversees an investment portfolio of USD 1,5 Million.- Member of the Certifying Committee in the evaluation process of Pro Mujer Argentina as Financial Specialist. Selected to the position by Pro Mujer International. Show less

- Hired by CAINCO as Regional Manager for La Paz of ENSERBIC, a Credit Information Bureau regulated by ASFI, where CAINCO has a majority participation.- Involved in the development of the strategic business plan.- Development of a financial model for the organizational management.- Analysis of the financial performance of the organization and the competition.- Monitoring of administrative costs.- Development and implementation of the National Commercial Plan.-… Show more - Hired by CAINCO as Regional Manager for La Paz of ENSERBIC, a Credit Information Bureau regulated by ASFI, where CAINCO has a majority participation.- Involved in the development of the strategic business plan.- Development of a financial model for the organizational management.- Analysis of the financial performance of the organization and the competition.- Monitoring of administrative costs.- Development and implementation of the National Commercial Plan.- Responsible for commercial and service operations in the La Paz and Oruro offices. - Participated in multiple meetings and negotiations with actual and prospective clients. With successful results in all meetings.- Development of a Credit Scoring Product.- In charge of commercial activity and operations of the offices in La Paz city and Oruro. 25 staff members. Show less

La Paz, Bolivia

Enserbic – Infocenter is the first Credit Information Bureau in Bolivia, established by the main Chambers of Commerce of Bolivia in 2003. As Commercial Officer, I was responsible of the commercial activities in La Paz city. I held several negotiations with senior management executives of Commercial Banks (main clients of the firm) with positive results. I was in charge of the recruitment and training process of the commercial team. (4 staff members).

Master, Finance, Maestrias Para El Desarrollo Hiid

- Club Harvard Bolivia distinction: Best Master Thesis Work, “Valuation of The Branded Business of Pro Mujer Internacional” - Assistant.

Microfinance Training Program, Microfinance

Post Graduated Centro Afin, Microfinance

Graduate Degree, Business, Finance, Marketing, Organization, Estrategic & Others

Finance Professor Assistant

Bachillerato, Ciencia Exactas