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dc.titleEmpresas Públicas de Medellín: Going Beyond the Basics and Banking the Unbanked
dc.contributor.authorInter-American Development Bank
dc.contributor.orgunitOpportunities for the Majority Sector
dc.coverageColombia
dc.date.available2015-07-23T00:00:00
dc.date.issue2012-01-01T00:00:00
dc.description.abstractFinanciación Social (Social Financing or FS), an EPM program, provides accessible credit to those at the base of the pyramid. The program leverages EPM's business platform to assess credit risk by using clients' utilities payment records. After clients are extended a credit line, EPM bills them through their monthly utility bill. With an EPM credit card, customers purchase energy efficient appliances and building materials for home improvements from allied vendors. EPM reports credit performances to credit bureaus, building a credit history for its clients. In 2012, FS will increase credit access to individuals and begin to offer one- time loans to micro and small businesses (a program named MYPES).
dc.format.extent13
dc.identifier.doihttp://dx.doi.org/10.18235/0006002
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Empresas-Públicas-de-Medellín-Going-Beyond-the-Basics-and-Banking-the-Unbanked.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectFinancial Inclusion
dc.subjectCredit
dc.subject.keywordsFinanciación Social;OMJ
dc.typeCatalogs and Brochures
idb.identifier.pubnumberCatalogs & Brochures
idb.operationNot available
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