The Dilemma of Microsavings as a Financial Inclusion Tool: Regulatory and Market Trends in Mexico
Aragón, Edgar (2017), The Dilemma of Microsavings as a Financial Inclusion Tool: Regulatory and Market Trends in Mexico, NOPOOR Policy Brief, 50, p. 6. https://basepub.dauphine.fr/handle/123456789/18133
Series titleNOPOOR Policy Brief
MetadataShow full item record
Instituto Tecnologico y de Estudios Superiores de Monterrey
Abstract (EN)Prior to 2001, almost all microfinance institutions (MFIs) which offer credit and savings services to the poor in Mexico were part of the informal economy. As the government committed itself to formalizing them in order to secure people’s savings, it faced major operational and political obstacles. Ten years later, new legislation allowed private actors to generate business models targeting the poor and expanding financial inclusion, but which also set up a fierce competition to profit from the “base of the pyramid”. This brief discusses the policy dilemmas involved in the process of expanding financial inclusion in Mexico. Further, it focuses on the lessons learned which can be applied to developing countries with an innovative private sector in the process of implementing digital and mobile technologies in the financial sector.
Subjects / KeywordsMicrofinance; Mexico
Showing items related by title and author.
Banks as Masters of Debt, Cost Calculators, and Risk-sharing Mediators : A Discreet Regulatory Role in the Case of French Public-Private Partnerships Penalva-Icher, Elise; Lazega, Emmanuel; Jeny-Cazavan, Anne; Richard, Chrystelle (2012) Chapitre d'ouvrage