A Push towards Revitalizing Rural Financial Institutions: Lessons from Mexico’s PATMIR Project

Julia Paxton

Chapter 4 in Promoting Microfinance, 2013, pp 56-76 from Palgrave Macmillan

Abstract: Abstract Despite strong evidence that links financial development to economic development (Levine, 2005; Demirgüç-Kunt et al., 2008), it is estimated that approximately two-thirds of the population in developing countries does not have access to formal finance (Pinar Ardic et al., 2011). In rural areas, the situation is much worse. A World Bank (2000) survey of marginalized rural areas in Mexico found that only four per cent of households utilized formal finance. The question that naturally arises is why this void of formal financial services exists and what can be done to improve financial penetration into rural areas.

Keywords: Poverty Line; Financial Service; Financial Intermediary; Consult Firm; Financial Inclusion (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-03491-5_4

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137034915

DOI: 10.1057/9781137034915_4

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().