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...

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...

This paper presents a conceptual framework for explaining Credit Unions (CUs) loan delinquency and profitability in developing countries. It also offers an empirical estimation for a unique sample of CUs in Latin America.

(Disponible en idioma inglés únicamente) En este trabajo se presenta un marco conceptual para explicar el incumplimiento de los préstamos de las asociaciones de crédito (CU, por sus siglas en inglés) y la rentabilidad en los países en desarrollo. También se ofrece un cálculo empírico de...

This paper presents a conceptual framework for explaining credit union (CU) loan delinquency and profitability in developing countries. It also offers an empirical estimation for a unique sample of Latin American CUs.