• Type: Development Professional
  • Organization: N/A
  • Title: Private Consultant
  • Years of Experience in the field: Since 1997

Francisco Abate

Theme Areas: Community Development, Economic Development, Governance and Transparency

Biography:

Francisco J. Abate F. is an attorney and financial specialist concentrated in microfinance. From March of 2008 to March of 2015, he served as the Executive Director of the Fundación Dominicana de Desarrollo (FDD), the Dominican Republic´s oldest micro financing institution, with a staff of over 100 employees, approximately 15,000 clients and a US$5 Million portfolio.

Prior to joining FDD, Mr. Abate was the Manager of Policy and Industry Impact, LAC, at Women’s World Banking (WWB) in New York City, New York from 2003-2006, where he headed the research collaboration with the Wharton School of the University of Pennsylvania on performance indicators for microfinance. From 2000 – 2003, he was a Senior Analyst at MicroRate, in Washington, D.C.

Mr. Abate has written and researched several articles, including “Development, Education, Electricity, Migration and Crime,” the American Chamber of Commerce in the Dominican Republic (AMCHAMDR), July 2011; “The Continent’s Poor: A new Market for Traditional Banks?” The Inter-American Development Bank (IADB), January 2007; “Banking the Majority: Profitable and Responsible Microfinance,” Consensus document published by WWB and the Federation of Latin American Banks (FELABAN), November 2005; “Characteristics of MFIs that regulators, wholesalers and rating agencies need to understand to be able to do an effective risk assessment of MFIs” Joint work with Rocio Cavazos, WWB, April 2005; and “Tool for evaluating and predicting the success of relatively small MFIs with under 10,000 microfinance clients,” Joint work with Rocio Cavazos, WWB, April 2005.

Professional Affiliations and/or Academic Background in Field

Master of Science in Finance, August 1998, American University, Kogod School of Business Administration, Washington, D.C.

Master of Laws in International Legal Studies, September 1992, American University, The Washington College of Law, Washington, D.C. (USAID/CNHE Scholarship Recipient).

Licenciado en Derecho, November 1990 (Juris Doctorate equivalent), Universidad Nacional Pedro Henríquez Ureña, Santo Domingo, Dominican Republic.