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Apex Organizations And The Growth Of Microfinance In Bolivia

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Author Info
Navajas, Sergio
Schreiner, Mark

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Abstract

Bolivia has the most advanced microfinance sector in Latin America and has been a model worldwide. Apex banks—banks that lend to banks—have not been responsible for this success. Apex banks can provide funds for retail microfinance organizations, and/or strengthen their organizational development. The existing apex has done little market development. It has provided some liquidity to microfinance organizations, but it has not played an indispensable role. The various apexes planned for the future are unneeded. In fact, they may disincentive deposit mobilization and create an unfair playing field and thus hurt microfinance in Bolivia.

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Paper provided by Ohio State University, Department of Agricultural, Environmental and Development Economics in its series Economics and Sociology Occasional Papers with number 28324.

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Date of creation: 1998
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Handle: RePEc:ags:ohsesp:28324

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Keywords: Agricultural Finance;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Braverman, Avishay & Guasch, J. Luis, 1986. "Rural credit markets and institutions in developing countries: Lessons for policy analysis from practice and modern theory," World Development, Elsevier, vol. 14(10-11), pages 1253-1267. [Downloadable!] (restricted)
  2. Yaron, J., 1992. "Assessing Development Finance Institutions; A Public Interest Analysis," World Bank - Discussion Papers 174, World Bank.
  3. Claudio Gonzalez-Vega & Richard L. Meyer & Sergio Navajas & Mark Schreiner & Jorge Rodriguez-Meza & Guillermo Monje, 2001. "Microfinance Market Niches and Client Profiles in Bolivia," Computational Economics 0109002, EconWPA. [Downloadable!]
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  4. Deaton, Angus, 1992. " Household Saving in LDCs: Credit Markets, Insurance and Welfare," Scandinavian Journal of Economics, Blackwell Publishing, vol. 94(2), pages 253-73.
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