Private Enterprise and Financial Markets > Micro, Small and Medium Enterprise
Sistemas de garantía de crédito en América Latina. Orientaciones Operativas
By Juan José Llisterri, Arturo Rojas, Pablo Mañueco, Verónica López, Antonio García Tabuenca (10/06, Es)
This publication is available only in Spanish
Credit guarantee funds in Latin America back more than US$ 4.7 billion in loans to micro, small and medium enterprises. The regulation and supervision of these guarantee funds, their profesional management and the good economic performance of most of the region's countries have been key factors in the growth of the funds in the past several years. However, the additionality of credit guarantee funds to credit access has yet to be proven. This publication examines a broad range of experiences in eight countries, the results obtained and the factors that were critical for the growth of credit guarantee funds in these countries.
Permission is granted to reproduce this paper in whole or in part for noncommercial purposes only and with proper attribution to the author(s), the Sustainable Development Department, and the Inter-American Development Bank.
The opinions expressed herein are those of the author(s) and do not necessarily represent the official position of the Inter-American Development Bank
Last updated: 06/13/07
