Consumer lending and financial inclusion in Latin America: Rewards and risks of expanding access

Yolanda Luna, Mexico 2012. CGAP Photo Contest 

By Rafe Mazer (CGAP), Rudy Araujo (ASBA), Sergio Navajas (MIF)

On March 12 and 13, CGAP, the MIF, and the Association of Bank Supervisors of the Americas (ASBA) hosted a discussion with regulators in Latin America on consumer lending in the Americas, including participants from Brazil, Chile, Colombia, México, Perú and the US.

Consumer lending has evolved in different ways across markets, and has grown rapidly in recent years both in market size and outreach to low-income consumers and the growing middle class. Policymakers in the region have identified important risks resulting from this market evolution, but there are still not clear consensus views on how to measure and assess market penetration, how to separate the good aspects of it from what is potentially harmful, and the role of the regulators towards proactively controlling or reactively responding to the market.

lunes, 15 de abril de 2013/Author: Sergio Navajas/Number of views (9402)/Comments (0)/ Article rating: No rating