The Second Story. Wholesale Microfinance in Latin America
By Marguerite Berger, Alison Beck Yonas, Maria Lucia Lloreda (03/03, MSM-119, En, Es) See also Microenterprise
The purpose of this report is to identify lessons from the IDB's Microenterprise Global Credit Program (MG Program) that can be applied to future programs for expanding microfinance, particularly those that rely on wholesaling mechanisms. The MG Program is the largest wholesale microfinance program in Latin America, providing hundreds of million of dollars in financing to commercial banks and other financial intermediaries to facilitate their entry into the microenterprise market. The report draws on the experience of all 17 MG projects financed by the IDB and offers an in-depth look at MG projects in Colombia, El Salvador, Paraguay and Peru.
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.
Last updated: 05/08/07
