Microenterprise Development Review: Volume 4 : No. 1 : July, 2001
Peer Reviewed
Date issued
Jul 2001
Subject
Microbusiness;
Financial Sector;
Small Business;
Civil Society;
Financial Service;
Financial Crisis and Structural Adjustement
Category
Magazines, Journals and Newsletters
Nowhere in the Americas is microfinance as far advanced as in Bolivia. Using the examples of BancoSol, Caja los Andes and FIE -Bolivia's three largest microfinance institutions- this article describes challenges microfinance has faced from economic recession and borrower revolts; how it stacks up against the rest of the banking sector; and how the industry evolved under those pressures. Finally, the article speculates where Bolivian microfinance, and the microfinance industry in general, may be headed.
