Financial Inclusion in Latin America and the Caribbean: Data and Trends

2015: Financial Inclusion in Latin America and the Caribbean: Data and Trends

Today, microcredit reaches over 20 million people in Latin America and the Caribbean, with an estimated portfolio of US$40 billion. According to Financial Inclusion in Latin America and the Caribbean 2015, the lion’s share of this industry is managed by institutions working under the purview of their country’s central financial authority. These regulated institutions provide 87 percent of the region’s total microcredit portfolio, reaching 70 percent of all clients. 

Also note that this microcredit supply is offered by over a thousand institutions in all, with different sizes and characteristics. The loans they offer vary according to the type of institution. In fact, the average loan from a non-regulated institution is approximately US$700, while regulated institutions provide loans that average around US$2,500. The average size of all loans is US$2,000, and they reach just under one quarter of all microentrepreneurs in the region.

  • Download the 2015 report: "Financial Inclusion in Latin America and the Caribbean: Data and Trends

2014: 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

2013: Microfinance in Latin America and the Caribbean: Sector data.

Microcredit in Latin America and the Caribbeanhas 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

2012: Microfinance in Latin America and the Caribbean

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: Microfinance in Latin American and the Caribbean