Abstract

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.

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Inter-American Development Bank Repository

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Last time updated on 25/07/2013

This paper was published in Inter-American Development Bank Repository.

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