Experiences of Microfinance Institutions Serving Very Small to Small Enterprises in Latin America : Based on Case Studies in LAC

Very small enterprises (VSEs) in Latin America and the Caribbean (LAC) represent a broad and heterogeneous segment, often underserved by formal financial institutions. They are generally informal and often family businesses. The financial needs of these enterprises are typically overlooked by “do...

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Bibliographic Details
Main Author:	International Finance Corporation
Format:	Report
Language:	English en_US
Published:	Washington, DC 2015
Subjects:	ACCESS TO BANK ACCESS TO BANK LOANS ACCESS TO CREDIT ACCESS TO CREDIT BUREAU ACCESS TO DEBT FINANCING ACCESS TO FINANCE ACCESS TO FINANCIAL SERVICES ACCESS TO FINANCING ACCESS TO LOANS ACCESS TO SERVICES ACCOUNTABILITY ACQUISITION COSTS AFFILIATES ALTERNATIVE FUNDING ASSET BASE ASSET DIVERSIFICATION ATM NETWORK AUTONOMY BANK ALTERNATIVES BANK COMPETITION BANK GUARANTEES BANKING MARKET BANKING SYSTEMS BANKS BORROWING BRANCH BRANCHES BUSINESS ACTIVITIES BUSINESS CREDIT BUSINESS LOAN BUSINESS SEGMENT BUSINESS STRATEGY BUSINESS UNIT CAPITAL ALLOCATIONS CAPITAL LOANS CASH FLOW CASH FLOW ANALYSIS CASH FLOWS CDS CHAMBERS OF COMMERCE CHECKS COLLATERAL COLLATERAL REQUIREMENTS COMPANY COMPETITIVE MARKETS CORPORATION CREDIT ACCESS CREDIT ANALYSIS CREDIT BANKS CREDIT BUREAU CREDIT BUREAUS CREDIT CARDS CREDIT GAP CREDIT HISTORY CREDIT LINES CREDIT NEEDS CREDIT POLICIES CREDIT PRODUCT CREDIT PRODUCTS CREDIT RISK CREDIT RISK MANAGEMENT CREDIT SCORING CS CURRENT ACCOUNTS CUSTOMER PROFITABILITY CUSTOMER SATISFACTION CUSTOMER SERVICE DEBIT CARDS DEBT DEPOSIT DEPOSIT ACCOUNTS DEPOSIT PRODUCT DEPOSIT SERVICES DEPOSIT TAKING INSTITUTIONS DEPOSITS DEVELOPING COUNTRIES DISBURSEMENT DISBURSEMENTS DIVERSIFICATION DIVERSIFIED PORTFOLIO ECONOMIC GROWTH EMERGING MARKETS EMPLOYERS EMPLOYMENT ENTREPRENEURSHIP EQUIPMENT EXISTING BUSINESS EXPANSION FACTORING FAMILIES FAMILY BUSINESSES FINANCIAL COSTS FINANCIAL CRISIS FINANCIAL INFORMATION FINANCIAL INSTITUTION FINANCIAL MARKETS FINANCIAL NEEDS FINANCIAL PRODUCT FINANCIAL PRODUCTS FINANCIAL SERVICES FINANCIAL STATEMENTS FINANCIAL SYSTEM FINANCING COSTS FINANCING NEEDS FIRM SIZE FIRMS FIXED ASSET FIXED INVESTMENT FORMAL FINANCIAL INSTITUTIONS FORMAL FINANCIAL SECTOR FORMAL INDEBTEDNESS FUNDING SOURCES GOOD CREDIT GROUP LENDING GUARANTEE FUNDS GUARANTEE REQUIREMENTS HUMAN RESOURCES INFORMAL LOANS INFORMATION REQUIREMENTS INSTITUTIONAL CAPACITY INSTITUTIONAL LOANS INSURANCE INTEREST RATE INTEREST RATE CAPS INTEREST RATES INTEREST RATES ON LOANS INTERNATIONAL FINANCE INVENTORY INVESTING INVESTMENT CAPITAL INVESTMENT LOANS INVESTMENT PURPOSES LACK OF ACCESS LARGE CITIES LARGE ENTERPRISES LEASING LENDING REQUIREMENTS LETTERS OF CREDIT LIABILITY LIQUIDITY LIVING STANDARDS LOAN LOAN AMOUNT LOAN AMOUNTS LOAN ANALYSIS LOAN APPROVAL LOAN MATURITY LOAN OFFICER LOAN OFFICERS LOAN PRODUCTS LOAN SIZE LOAN SIZES LOAN STAFF LOAN TERMS LOANS FROM FRIENDS LOCAL GOVERNMENTS LONG-TERM INVESTMENT LOW MINIMUM BALANCES MARKET RISK MARKET SHARE MARKET SIZE MEDIUM ENTERPRISES MFI MFIS MICRO ENTERPRISES MICRO LOANS MICROCREDIT MICROENTERPRISES MICROFINANCE MICROFINANCE CLIENTS MICROFINANCE INSTITUTION MICROFINANCE INSTITUTIONS MICROFINANCE LOANS MICROFINANCE MARKETS MICROFINANCE SECTOR MONEY TRANSFERS MORTGAGE MORTGAGE LOANS MORTGAGES NEW BUSINESS NEW BUSINESSES NEW MARKET OPERATING COSTS OPERATIONAL COSTS OUTSTANDING LOANS OVERDRAFT OVERDRAFT FACILITIES PARTNER BANKS PAYMENTS SERVICES PEER REVIEW PERSONAL CREDIT PERSONAL CREDIT CARDS PORTFOLIO PORTFOLIO RISK PORTFOLIOS PROFITABILITY PUBLIC POLICY PUBLIC RECORDS RECEIPTS REGULATORY AUTHORITIES REGULATORY CONSTRAINTS REGULATORY FRAMEWORK REGULATORY POLICIES RETURNS RISK MANAGEMENT RISKY LOANS RURAL LOANS SAVINGS SAVINGS ACCOUNTS SAVINGS PRODUCTS SECURITIES SMALL BUSINESS SMALL BUSINESS LOANS SMALL BUSINESSES SMALL ENTERPRISE SMALL ENTERPRISES SME SME CLIENTS SME FINANCE SME FINANCING SME SECTOR SUBSIDIARY SUPPLIERS SUPPLY CHAIN SUPPLY CHAINS TAX TECHNICAL ASSISTANCE TRADE FINANCING TRANSACTION TRANSACTION COSTS VILLAGE WAGES WIRE TRANSFERS WORKING CAPITAL
Online Access:	http://documents.worldbank.org/curated/en/2014/07/24164316/experiences-microfinance-institutions-serving-very-small-small-enterprises-latin-america-based-case-studies-lac http://hdl.handle.net/10986/21715