Beatriz Armendariz is a senior lecturer in economics at University College London and Harvard University. She holds a Ph.D in economics from EHESS in Paris and has authored several publications on microfinance. Armendariz also serves as a research fellow at the Center for European Research in Microfinance and is on the board of directors for the Grameen Credit Agricole Microfinance Foundation.

1. Beatriz Armendariz –
Professor at the University
College London and Harvard
University

2. Beatriz Armendariz –Professor at the University
College London and Harvard University
• Beatriz Armendariz is a senior lecturer in Economics at
University College London and holds Ph.D. in
Economics from EHESS, Paris, France. Currently, she
has been appointed as summer school professor at
University of the Andes (Columbia) - a co-educational
private university located in city center, Bogota,
Columbia. It was founded in 1948 and has 9 faculties,
including Administration, Architecture and Design, Arts
and Humanities, Sciences, Law, Social Sciences,
Economics, and Engineering and Medicine. In addition,
the University offers an international summer school
program that gives students an opportunity to expand
their international perspective by attending special
courses in specialized areas.

3. Beatriz Armendariz- Member of Board of
Directors, Grameen Credit Agricole Microfinance
Foundation
Beatriz Armendariz is associated with Grameen Credit
Agricole Microfinance Foundation as Member of its
Board of Directors. The mission of this foundation is to
fight against the poverty by encouraging financial
inclusion of most disadvantaged individuals and their
access to essential goods. It promotes the development
of local microfinance institutions and social businesses
in developing nations.

4. Research Fellow at Center For European
Research In Microfinance (CERMi)
• Moreover, Beatriz Armendariz also works as Research
Fellow at the Center for European Research in
Microfinance. CERMi focuses on promoting academic
research to support key stakeholders in microfinance
industry, including NGOs, donors, cooperatives and
financial institutions. It also aims at developing suitable
frameworks to examine existing microfinance practices.

5. Lecturer at Harvard University
Beatriz Armendariz is also a lecturer at Harvard
University- an American private Ivy League research
University that was founded in 1636 by the
Massachusetts legislature. Known as the oldest
institution of higher learning in the U.S., Harvard
University comprises 11 separate academic units
including 10 faculties and the Radcliffe Institute for
Advanced Study, with campuses located throughout the
Boston metropolitan area.a

6. Books and articles
Beatriz Armendariz has co-written the Economics of
Microfinance, 2nd Edition, along with Morduch, J.
(2010), and Handbook of Microfinance, London (World
Scientific Publishing Co Pte Ltd.) along with Labie, M.
Some other publications by lecturer Armendariz
includes Gender Empowerment in Microfinance, joint
with Philippe Aghion; Poverty and Development: a New
Growth Perspective, joint with Philippe Aghion (2002);
and Peer Group Formation in An Adverse Selection
Model (with Christian Gollier), The Economic Journal
(2000).

7. Beatriz Armendariz Received Raul Bailleres
Academic Award (2006-2007)
Beatriz Armendariz, a well qualified professional, holds
years of experience in serving as a Lecturer at several
prestigious educational institutions. She holds a
Bachelor of Arts degree in Economics from Instituto
Tecnológico Autónomo de Mexico (ITAM), Mexico. She
later joined the University of Cambridge, UK, and
thereby completed her M. Phil in Economics in 1986.
Besides, she also holds a doctorate in Economics from
EHESS, Paris, France, with Dissertation on “Foreign
Debt Negotiations: An Historical and Theoretical
Analysis”.

8. Founding Member - Grameen Credit Agricole
Microfinance Foundation, Paris
Beatriz Armendariz is the Founding Member of Grameen
Credit Agricole Microfinance Foundation, Paris, and
also serves on its Board of Directors. Apart from this,
she is a Research Fellow and Member of the Scientific
Committee for the Center for European Research in
Microfinance (CERMi). From 2010 to 2011, she served
as a Senior Lecturer in Economics, University College
London, United Kingdom. Besides, she was also a
Lecturer in Economics at Harvard University, USA.

9. Lecture In Economics At University College
London (1999-2000)
• Over the course of her career, Beatriz Armendariz has
held several prominent positions at several reputed
educational institutions. From 2007 to 2008, she was a
Visiting Professor at Solvay Brussels School of
Economics, Business, and Management, Université
Libre de Bruxelles. Brussels, Belgium. Apart from this,
she served as a Research Associate for the Organization
for Economic Cooperation and Development (OECD),
Development Centre, Paris, France, from 1989 to 1991.
Besides, Beatriz also worked as a Teaching Assistant at
ITAM; Research Officer at INEGI (Mexico).

10. Co-Authored The Economics of Microfinance,
First Edition (2005)
Beatriz Armendariz has significantly contributed in a
large number of publications. She co-authored The
Economics of Microfinance, First Edition (2005), and
Second Edition (2010), with Jonathan Morduch. Apart
from this, along with Ariane Szafarz, she has made a
significant contribution in the paper, “Microfinance
Mission Drift?” This paper highlights the poorly
understood phenomenon in microfinance which is often
referred to as a “mission drift”, i.e. a tendency reviewed
by several microfinance institutions to extend larger
average loan sizes in the process of scaling – up.

11. Conferred “Brains Back in Brussels” Research
Grant
Beatriz Armendariz was conferred the “Brains Back in Brussels”
research grant by the Government of Brussels, Belgium. Besides,
she is also the (2006-2007) recipient of the Raul Bailleres
Academic Award”, given by ITAM Mexico, D.F., Mexico.

12. Thank You