| Title | Village banking development model: FINCA Costa Rica |
|---|---|
| ID_Doc | 34306 |
| Authors | Perez, F; Gonzalez, CJ; Aaronson, X |
| Title | Village banking development model: FINCA Costa Rica |
| Year | 2011 |
| Published | Journal Of Business Research, 64, 3 |
| Abstract | The village banking institution, Fundacion Integral Campesina (FINCA) in Costa Rica implements an innovative village banking model in its effort to create financially-sustainable solidarity groups. FINCA trains small community groups in a 22-module program to form Community Credit Enterprises (CCE). These small enterprises, or companies, permit members to buy shares as shareholders and generate capital to offer sustainable credit and business models. FINCA has great success with this model locally and regionally and wonders how best to use its gained experience to expand the program in order to continue creating sustainable businesses through training, business and microfinance services. (C) 2009 Published by Elsevier Inc. |
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