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Safe Money: Building Effective Credit Unions in Latin America

Author

Listed:
  • Marulanda, Beatriz
  • Trigo Loubière, Jacques
  • Cifuentes, Síncrito
  • Peck Christen, Robert
  • Westley, Glenn D.
  • Poyo, Jeffrey
  • Arbuckle, Lee
  • Heller, Carlos
  • Baker, Christopher
  • Vargas Durán, Alejandro
  • Adams, Dale W.
  • Branch, Brian
  • Pabst, Helmut
  • Shaffer, Sherrill
  • O'Donnell, Michael
  • Richardson, David C.
  • Cuevas, Carlos E.

Abstract

Policymakers in Latin America increasingly are turning to policies that have high economic rates of return and a favorable impact on income distribution. By providing financial services to small businesses and poor households -which normally lack such services- credit unions help secure growth with equity. The challenges faced by Latin America's credit unions today are likely to force them to further modernize and consolidate, fine tune their inherent advantages, improve mechanisms for prudential regulation, and find ways to increase their share of low and middle-income markets. Safe Money presents the new thinking on how credit unions can compete effectively in modern financial markets while still retaining their social mission.

Suggested Citation

  • Marulanda, Beatriz & Trigo Loubière, Jacques & Cifuentes, Síncrito & Peck Christen, Robert & Westley, Glenn D. & Poyo, Jeffrey & Arbuckle, Lee & Heller, Carlos & Baker, Christopher & Vargas Durán, Ale, 2000. "Safe Money: Building Effective Credit Unions in Latin America," IDB Publications (Books), Inter-American Development Bank, number 433, November.
    • Handle: RePEc:idb:idbbks:433
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    Citations

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    Cited by:

    1. Anaïs Périlleux & Annabel Vanroose & Bert D'Espallier, 2016. "Are Financial Cooperatives Crowded out by Commercial Banks in the Process of Financial Sector Development?," Kyklos, Wiley Blackwell, vol. 69(1), pages 108-134, February.
    2. Nathanael OJONG, 2014. "Credit Unions As Conduits For Microfinance Delivery In Cameroon," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 85(2), pages 287-304, June.
    3. Heather Montgomery & John Weiss, 2006. "Modalities of Microfinance Delivery in Asia and Latin America: Lessons for China," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 14(1), pages 30-43, February.
    4. World Bank, 2007. "Providing Financial Services in Rural Areas : A Fresh Look at Financial Cooperatives," World Bank Publications - Reports 7935, The World Bank Group.

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