Enabling environment and microfinance institutions: Lessons from Latin America

Carlos E. Cuevas
Additional contact information
Carlos E. Cuevas: The World Bank, Washington, D.C., USA, Postal: The World Bank, Washington, D.C., USA

Journal of International Development, 1996, vol. 8, issue 2, 195-209

Abstract: Several examples of 'graduation' of microfinance institutions into the regulated financial system are found in Latin America. Although the best-known case is that of BancoSol in Bolivia, others have followed with less notoriety, either because they are too recent to allow an assessment of their regulated performance, or because the graduation process has been somehow stunted. Based on a few selected cases, the paper explores the 'environmental factors' that may have enabled, or hampered, the emergence of these specialized microfinance institutions in the regulated world. In addition to BancoSol, the analysis looks into the policy and regulatory elements surrounding the evolution of AMPES|Servicio Crediticio (a non-governmental organization) into Financiera Calpia (a regulated finance company) in El Salvador, and that of ADMIC (an NGO) into Finmicro in Mexico.

Date: 1996
References: View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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:wly:jintdv:v:8:y:1996:i:2:p:195-209

DOI: 10.1002/(SICI)1099-1328(199603)8:2<195::AID-JID376>3.0.CO;2-L

Access Statistics for this article

Journal of International Development is currently edited by Paul Mosley and Hazel Johnson

More articles in Journal of International Development from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().