Guide To Microfinance In Latin America
"This guide reviews the concept of microfinance as developed in Latin America. The guide presents an overview of the evolution and the current state of the market. The different types of institutions offering microcredit in the region are also presented and analyzed. Next, regulations and practices of Latin American institutions are presented, as they are key to understanding microcredit in a context where neither guarantees nor documentation is mandatory. Finally, the guide reviews technologies and strategies that microfinance institutions use to increase profits and presents what may be the next frontier for the industry, integrating services to support company development combined with microfinance. The guide concludes with lessons that may be relevant for other contexts, as well as highlighting key publications and organizations related to microfinance in the region." (Grupo de Analisis para el Desarrollo)