This Focus Note looks at recent experience with guarantees of commercial loans to microfinance institutions (MFIs). Such loan guarantees are a form of insurance that covers a lender - typically a commercial bank - against default on its loan to an MFI. This Focus Note discusses the results of a study, jointly supported by CGAP and USAID. The study reviews the specific benefits loan guarantees are meant to produce; describes guarantor agencies, transaction...
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2007/01/01
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Informativo
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38415
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1
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1
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2010/07/01
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Disclosed
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Guaranteed loans to microfinance institutions : how do they add value?
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loan guarantee
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