Competition Works
Competition from commercial banks is prompting microfinance institutions in urban areas ofPeru and other Latin American nations to provide more service to lower-income groups. Wherehigher-income clients are already served by commercial banks, microfinance institutions competeby attending to a new demographic, while continuing to serve higher-income clients wherecommercial banking services are scarce.
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| Main Authors: | , |
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| Format: | Brief biblioteca |
| Language: | English |
| Published: |
International Finance Corporation, Washington, DC
2018-10
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| Subjects: | MICROFINANCE, DIGITAL FINANCE, ACCESS TO FINANCE, POVERTY, CREDIT MARKET, DEVELOPMENT FINANCE INSTITUTION, EMERGING MARKET ECONOMIES, FINANCIAL INCLUSION, |
| Online Access: | http://documents.worldbank.org/curated/en/224411547846540930/Competition-Works-Driving-Microfinance-Institutions-to-Reach-Lower-Income-People-and-the-Unbanked-in-Peru http://hdl.handle.net/10986/31198 |
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