APEX ORGANIZATIONS AND THE GROWTH OF MICROFINANCE IN BOLIVIA

Sergio Navajas and Mark Schreiner

No 28324, Economics and Sociology Occasional Papers - ESO Series from Ohio State University, Department of Agricultural, Environmental and Development Economics

Abstract: Bolivia has the most advanced microfinance sector in Latin America and has been a model worldwide. Apex banks- banks that lend to banks - have not been responsible for this success. Apex banks can provide funds for retail microfinance organizations, and/or strengthen their organizational development. The existing apex has done little market development. It has provided some liquidity to microfinance organizations, but it has not played an indispensable role. The various apexes planned for the future are unneeded. In fact, they may disincentive deposit mobilization and create an unfair playing field and thus hurt microfinance in Bolivia.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Pages: 50
Date: 1998
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Citations: View citations in EconPapers (1)

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Related works:
Working Paper: Apex Organizations and the Growth of Microfinance in Bolivia (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ohsesp:28324

DOI: 10.22004/ag.econ.28324

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