Articles authored by Gutiérrez Nieto, Begoña


Microcredit, defined as small loans to people who have no regular access to credit, is an innovative strategy in the fight against poverty. Microcredit institutions can obtain funding from Private Institutional Investors (PIIs) that channel funds from donors, private lenders, and socially-responsible investors. Private financing of development aid is likely to become more important and microcredit presents an investment opportunity within this context.

Practical Notes

Summary: Microcredit is a means of providing financial services to people who lack access to conventional credit sources. New programmes in the North are endeavour to emulate successful experiences in the South. But such programmes have their own characteristics that differentiate them from those in the South, as illustrated in a case study of experience in Spain.