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Sustainable Banking with the Poor - Case Studies in Microfinance : Peru - The Cajas Municipales de Ahorro y Credito (anglais)

The Cajas Municipales de Ahorro y Credito (CMAC) system of Peru stands out as one of the leaders in microfinance in Latin America in terms of scale, outreach, and availability of both lending and savings services. As the CMACs enter into the millennium, they face several challenges. One of these is to find an appropriate legal and operational structure that meets the demands of the growing institutions. The CMACs have become politicized with their...
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