Navajas, Sergio; Conning, Jonathan; Gonzalez-Vega, Claudio - In: Journal of International Development 15 (2003) 6, pp. 747-770
Innovations in lending technologies and market saturation have made La Paz, Bolivia one of the most rapidly changing and competitive microfinance markets in the world. Two lenders stand out: the pioneer BancoSol, which first profitably expanded the loan market with group liability loans, and the...