The Role of Technical Assistance in Expanding Access to Finance

• Tác giả: Miriam Bruhn
• Ngôn ngữ: eng
• Ký hiệu phân loại: 332.71 Agricultural credit
• Thông tin xuất bản: World Bank, Washington, DC, 2018
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 310869
• Chủ đề: 1. ACCESS TO FINANCE; 2. CREDIT UNION; 3. RURAL FINANCE; 4. SMALL AND MEDIUM ENTERPRISES; 5. TECHNICAL ASSISTANCE

Tóm tắt

This paper links the literatures on technical assistance and access to finance by examining a Mexican program that provided capacity-building grants to nonbank financial institutions (NBFIs) serving micro, small, and medium enterprises (MSMEs). Using ten years of data from 81 credit unions and a staggered difference-in-differences approach, the analysis shows that the program improved NBFIs' efficiency, enabling them to obtain more funding from private sources and leading to a 79 percent increase in lending. The findings suggest that technical assistance initiatives can strengthen NBFIs' ability to expand credit access for underserved MSMEs.