Commercialization and mission drift : the transformation of microfinance in Latin America (English)

Nowhere has the commercialization of microfinance proceeded more rapidly than in Latin America. A few years ago, microfinance was the exclusive domain of non-profit organizations and cooperative societies. Today, commercial banks provide 29 percent of the funds that go to micro-enterprises. This paper addresses the impact of commercialization on the strategy and performance of microfinance institutions (MFIs) in Latin America. It explores the key...

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Author

Cook,Tamara B.;

Peck Christen, Robert;
Document Date
2001/01/01
Document Type
Working Paper (Numbered Series)
Report Number
33462
Volume No
1
Total Volume(s)
1
Country
Latin America,
Disclosure Date
2005/09/06
Disclosure Status
Disclosed
Doc Name
Commercialization and mission drift : the transformation of microfinance in Latin America
Keywords
microfinance

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Citation

Cook,Tamara B.; Peck Christen, Robert.

Commercialization and mission drift : the transformation of microfinance in Latin America (English). CGAP Occasional paper ; no. 5 Washington DC ; World Bank Group. http://documents.worldbank.org/curated/en/122331468265801032

Commercialization and mission drift : the transformation of microfinance in Latin America (English)

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