Publication:
The Role of Technical Assistance in Expanding Access to Finance

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Date
2018-06
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Published
2018-06
Author(s)
Reddy, Rekha
Ruiz Ortega, Claudia
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Abstract
This paper links the literatures on technical assistance and access to finance by examining a Mexican program that provided capacity-building grants to nonbank financial institutions (NBFIs) serving micro, small, and medium enterprises (MSMEs). Using ten years of data from 81 credit unions and a staggered difference-in-differences approach, the analysis shows that the program improved NBFIs’ efficiency, enabling them to obtain more funding from private sources and leading to a 79 percent increase in lending. The findings suggest that technical assistance initiatives can strengthen NBFIs’ ability to expand credit access for underserved MSMEs.
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Bruhn, Miriam; Reddy, Rekha; Ruiz Ortega, Claudia. 2018. The Role of Technical Assistance in Expanding Access to Finance. Policy Research Working Paper; 8483. © World Bank. http://hdl.handle.net/10986/29936 License: CC BY 3.0 IGO.
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