Financial Inclusion in Latin America and the Caribbean: Data and Trends
Microcredit in Latin America and the Caribbean has continued its expansion of the last decade, with an increase in customers, more kinds of institutions, a wider variety of services offered to clients, and a trend toward lower interest rates. The 2014 report shows the region’s microcredit portfolio grew to more than US$40 billion in 2013, is provided by more than 1,000 institutions, and reaches more than 22 million clients.
According to Financial Inclusion in Latin America and the Caribbean 2014, the majority of the 1,000 institutions providing microcredit in the region are regulated, representing 79 percent of the portfolio and 65 percent of customers. Also of note is the penetration of microcredit, now reaching one quarter of the region’s microentrepreneurs, with an average loan size of US$1,800.
Download the 2014 report: "Financial Inclusion in Latin America and the Caribbean: Data and Trends
Read the press release
Microfinance in Latin America and the Caribbean: Sector data.
Microcredit in Latin America and the Caribbean has experienced exponential growth over the last decade, through the incorporation of new actors, closer attention from financial authorities, and overall improvements in information transparency. The microcredit portfolio held by more than 1000 institutions now totals over US$40 billion, serving at least 20 million clients. Regulated institutions represent 86% of the portfolio and 66% of clients in these totals.
Download the complete report
Read the press release of the 2013 report
Over the last 10 years, microfinance has experienced continuous growth in Latin America and the Caribbean. Through a responsible regulatory environment and strong, well-regulated microfinance institutions, more micro and small businesses and poor households have access to financing opportunities.
Download the complete report (in Spanish only)
Download the one-page infographic
2011 report (in Spanish only)
Press release: Microfinance lending in Latin America and the Caribbean rose 23 percent in 2010