38412 2006 / 37 : » . . . « 1 . « » . . (MicroSave) (Financial Diaries) 2 . - 90 . . 6 . © .(1) 2006 . 3 33 . (.CGAP) . . .(www.cgap.org) . . 1 «»RuthvenandKumar2002Rutherford.20032 . 300 . Zeller and Sharma 2000 (www.financialdiaries.com3) . . : 1 . .www.cgap.org/savings : . 2000 . 20 . One Network Bank 23150 ProCredit Bank . . . 6 25 89 . .(2001 2005 ) 12 and Kabatalya 2005) ( Wright and Rippey 2003) ) 12 .(Pelrine ) .(Micro-EnterpriseBank and Karlan, Ashraf, and Wesley 2004 10 .(andPelrinandKabatalya2005 . 1 . 40 (2003) . 36% 38% .(1 ) .( 2003 ) 26% . PAPME . 2 ( ) 1 ) ) ) ( 29 ( 20 ( 27 23 32 42 11 10 24 30 19 22 17 23 53 29 22 67 Bolaño, Pilar Campos 2005. El Ahorro Popular en México: Acumulando Activos para Superar la Pobreza. CIDAC and Miguel Angel Por : . . . - - .(Karlan, Ashraf, andWesley 2004) . . 50 90 .(2001 ) 10 . 28 40 . .(2003 ) ( ) .( ) .(1 ) .(2 ) . 2 . . - - . .(Pelrine and Kabatalya 2005) . . 3 ( ) . . . 222. . . : ( ) 2 250 194 200 138 150 94 100 84 38 50 - ( ) / / 2 0.030 0.026 0.025 0.020 0.016 0.015 0.010 0.005 0.005 0.005 0.005 - ( ) 2 3,785 4,000 3,500 3,000 2,500 2,000 1,500 1,000 758 303 500 49 191 - 4 ) - ) ( 7000 . 300 . ( . . 7 . . .0,68 20 ) FCFA . 10000 .0.62 4 4 .33 ( .3000) .(76) . . .100000 ( 100000 . ( 200 ) . 4 .(www.cgap.org/savings) () 4 10% 0% -10% -20% -30% -40% 2,500 5,000 10,000 25,000 50,000 100,000 250,000 500,000 1,000,000 1,500,000 2,000,000 2,500,000 5,000,000 5000 (3).Helms, ( Banquier ambulant (1) . : ) 150 (2) 30 et al.. 2005 . 3.5 5 3 02 07 06 16 11 08 03 : 01 01 Alvaro Obregón 09 02 Azcapotzalco 04 03 Benito Juárez 04 Coyoacán 05 05 Cuajimalpa de Morelos 13 06 Cuauhtémoc 07 Gustavo A. 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Banse, A U FI A SSo G u l f B OFILLI SSU E A C W°5 AI C A C N 11 R P O LIOF xicana,e illiacca na SSa epileelpe AJ A ixxie F BBA A M CCA INEGI, M an auji adana W°511 sn T E 30°N 25°N 20°N °N 15 asonips náca sa sa hu C az E ta sal ed isl o n S lanzaru lani anrra zíu C at C Ple o ltáitla R ce ni voeu aug D A edlabót cucna ich zerréitu no oz a nauJ sa apaih sáloci ognisoc pet C G ná zeráuJ mo or A C cuL levojo álab lo itasu C C serolf nátna co altuaocozoc ná N cau ca c hól na ed sérdn sir m hu ol odnanreF st us xc euqnela etna cepetna oclacuhci apijiji bau nóya mrofe allinaba otla na na na na na ogaitna cepetli mi álati ognanetloco cusolo ólayo apaihcu etaihcu apaunu tnaz nóin ne lali alil lali nólaja can N O O O O O O P P P P P P R R S S S S S S S S S S S S S S S S S aluhcapaT apalapaT alulipaT nátapceT apajeneT acsipoeT aliT álanoT apalotoT muT altxuT altxuT Tu mizT U V V V V Y iZ 66 76 86 96 07 17 27 37 47 57 67 77 87 97 08 18 28 38 48 58 68 78 88 98 09 19 29 39 49 59 69 79 89 99 001 101 201 301 401 501 601 701 801 901 011 111 211 311 411 511 611 711 811 salli mo ayoja oreda orerreu G ia C M ed rd eT ed ed ngapat salipi cono azed zeugní lotot anr satiragra apajen saso M R mo apala C G In ozro D gola La cepetsapa allivara séuqra apaza nátaza apate citnoti otsircetno altnizoto xI uqiJ Ji zeráuJ aicnedneped datrebiL airatinirT La aL aL aL razniárraL saL saL C M M M M M M M M M ed ed nóeL mo id C H 54 64 74 84 94 05 51 25 35 45 55 65 75 85 95 06 16 26 36 46 56 apaih allipaih nésaocih olesu mocih nólih apalatni náti allipao náti mo álaniapo euqso rinevro Bl Pl altniucs ocsic ná C C C C C C C C C E E E anrF aretnorF aretnorF náteuheu nápuitiu nátxiu altxiu H H H H atuhxI mocatxI apatxI 32 42 52 62 72 82 92 03 13 23 33 43 53 63 73 83 93 04 14 24 34 44 saci aretn ér roF ella m A al s 76 ed Vled ozro op C mac la augayocac noi ed n O n bl edla atsi otiré ognan ó V alu la al auhatep a onari og n ann Ale li ca ca ma aga labázoir ld matl táa ognaneta eta ucj lal emn hc m m m ng irr e e e er o átaohaca ájazata átiuhihclah mah nah letupah lhaneh A A A A A A A A A A B B B B B C C C C C C C ze : 10 20 30 40 50 60 70 80 09 01 11 21 31 41 51 61 71 81 91 02 12 22 25 55 guni mo D 37 de 50 15 nati 35 71 72 mo 63 07 C 211 30 11 28 12 61 05 06 801 26 73 69 071 71 02 111 89 al 1 27 33 56 19 68 la sa 65 29 62 01 83 1 uhca 401 89 74 04 obt apT 201 sir as C 301 16 66 3 43 14 4 18 09 18 22 36 48 C an sal 6 11 11 93 S de 01 23 45 91 01 90 8 78 24 49 30 06 87 47 11 20 75 45 39 24 001 79 51 75 94 44 23 84 76 43 21 99 17 92 25 9 Z E 5 77 80 79 86 85 10 R 59 53 13 R 11 14 EIT ser U ol G F 6 07 69 alil 11 101 ALT V X . UT 46 ed 06 a alanoT 501 roe 40 82 pal at ni gui 10 C F 02 . 0 7 . 12 . 120 Wright and) . .( Mutesasira 2002 . « » . - . - Hertwig et al.) . . .(2004 . « » . . - - . ) . .( ( ) (0.83-). -0.78 .(2 ) - - ) . . ( (SACCOs) 30 (PAR ) . . 10 42 . 5 . . . . - (PAR30) 5 . 30 8 . . 900750 147 . . » . 60 . « .CajaPopularMexicana 2005 ) .( 54.6 ( . PAR 30) 30 1997 Caja Popular Mexicana 2005 2001 8.76 15 . 4 . . . - - . . . - . - . . 200000 . ) .( . . 4 . « » - 6. finanzas populares « » 6 . . . 9 8 . BancodeOro . . 5.6 ) 700000 50 . .( . . - - ) . . ( . » « . 150 ) . . .( ) 25 60 ( ) .( . 7 . .( ) . . . 7 . . . 8 overnight) . . (markets 10 . . . . . . . . . . . - 3095 : .(overnight interbank lending) .(Ivatury 2006) (3 ) . 3 . 26000 . . .(). .2003 5600 xxxxx XXXX Xxxx xxxx G-Cash (Globe Telecom) . . « » . 100000 MTN Standard Bank .G-Cash .2004 11 . . . 9 . . . 10 . . . Caisse Nationale . d'Epargne . . . . . . . . 1400 . . . . ) . .( Wright) . .(and Mutasesira 2002 . 2004 9 . .Isern et al. 2005 10 12 . . . . . . . . . . . - . . - . . . . . . . . . . . . . . - «» - . . 13 . - . . : . . . . . . - . . . . . . . . . . . . 14 (0.83-) . . : . » . « «» . 1 - 1- . 1.71 157.43 9.09 946.97 6.55 0.79 0 6.33 . 4.04 34.73 0.88 88.50 6.15 14.49 8.91 35.66 0.11 9.86 5.66 28.29 - 2 - 50 .. 92 554 1 22 6 253 1 - .( . 0 9 0 2 1 88 51 2 - ) :3 - . 0.83 0.56 0.73 / 0.78- 0.78 0.72 0.57 / 1 - 554x $160.00 92x $140.00 $120.00 $100.00 22x $80.00 $60.00 251x Xx 9x 6x $40.00 253x 0x 2x 88x $20.00 5x 1x 1x 0x 0x $- 15 37 Bolaño,Mexico Financial DiariesCity, site. www.financialdiaries.com. Pilar Campos. 2005. El Ahorro Popular en México: Acumulando Activos para Superar la Pobreza. Hertwig,ofRalph, Greg Barron, Elke Webber, and Ido Erev. 2004. "Decisions from Experience and the Effect WebMexico: CIDAC and Miguel Angel Porrúa. 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