par Sukadi Mata, Ritha 
Référence Reflets et perspectives de la vie économique, 48, 3, page (99-109)
Publication Publié, 2009
Référence Reflets et perspectives de la vie économique, 48, 3, page (99-109)
Publication Publié, 2009
Article révisé par les pairs
| Résumé : | Entering the remittances market should allow microfinance institutions (MFIs) reaching their social and financial objectives, and should also contribute increasing the economic impact of remittances in receiving countries. In this paper we evaluate the involvement of Latin American and Caribbean MFIs on the remittances market, based on the MixMarket database of October, 2008. We then try to identifymacroeconomic factors that have an influence on this level of involvement. Firstly we find that only one third of the MFIs of our sample operate on the remittances market. Secondly, we find that neither the relative weight of remittances flows in receiving countries economies, nor the competitive market structure seem to have a strong influence on the level of MFIs involvement on the remittances market. The main determinant of the involvement seems to be the level of development of the microfinance industry, approximated by the outreach. This is in line with the hypothesis that MFIs operating on the remittances market respond to a need of diversification, once traditional activities (credit, savings) are well established and new needs in terms of funding sources and financial products (coming from clients) appear. © De Boeck Université. Tous droits réservés pour tous pays. |
