Strategic Alliances to Scale Up Financial Services in Rural Areas
No hay miniatura disponible
Fecha
Título de la revista
ISSN de la revista
Título del volumen
Editor
Washington, DC: World Bank
Resumen
Descripción
Firms have employed strategic alliances
with other firms to effectively manage costs, overcome
resource and technology constraints, and enhance competitive
position. Strategic alliances can lead to productive
institutional collaborations in rural financial markets,
thereby expanding the array of financial products, and
scaling up access of rural households and micro-businesses
to financial services. Strategic alliances comprise a new
theme in rural finance. The institutions in the study used
strategic alliances to tap new capital resources, manage
transaction costs, access banking technology and
infrastructure, and acquire new skills to provide an
expanding array of financial services to wider markets. The
authors carefully examine the experiences of selected rural
finance institutions, and their strategic allies or
development partners in Guatemala, the Philippines, Ghana,
and India to draw out the main findings and share lessons
that may be applied in other country settings. The study
addressed a number of key questions: What motivated the
rural finance institution to structure its alliance or
partnership with a bank, commercial, or development
organization? How are gains from and costs of alliances and
partnerships shared between collaborating institutions? What
are the key elements that make partnerships or alliances
successful, and which conditions lead to unproductive ones?
Which financial products and services are best introduced
through strategic alliances?
Palabras clave
AGRICULTURAL BANKS, AGRICULTURAL CREDIT, AGRICULTURAL DEVELOPMENT BANKS, AGRICULTURAL GROWTH, AGRICULTURE, ALLIANCES, APEX, APEX INSTITUTIONS, APEX ORGANIZATIONS, AUTONOMY, BANK BRANCHES, BANKING INSTITUTIONS, BANKING SERVICES, BANKING SYSTEM, BUSINESS ENTERPRISES, CAPITALIZATION, CGAP, CHARTER, CO. LTD., COLLATERAL, COMMERCIAL BANK, COMMERCIAL BANKS, COMMERCIAL ENTERPRISES, COMMERCIAL LOANS, COMMUNITY BANKS, COMPANY, COOPERATIVES, CORPORATION, CORPORATIONS, CREDIT MARKETS, CREDIT UNIONS, DEPOSITS, DISTRIBUTION COMPANIES, ECONOMIC GROWTH, ECONOMICS, EMPLOYMENT, FACTORING, FINANCE COMPANIES, FINANCIAL INSTITUTION, FINANCIAL INSTITUTIONS, FINANCIAL INSTRUMENTS, FINANCIAL INTERMEDIARIES, FINANCIAL MARKETS, FINANCIAL PERFORMANCE, FINANCIAL SERVICES, FINCA, FOOD SECURITY, FORMAL FINANCE, INSURANCE, INTEREST RATES, LEVERAGE, LIMITED, LOAN DEFAULTS, LOAN PORTFOLIOS, LTD., MANAGERS, MFI, MICRO BUSINESSES, MICROFINANCE, MICROFINANCE INSTITUTION, MICROFINANCE INSTITUTION MANAGEMENT, MICROFINANCE INSTITUTIONS, OPERATING EXPENSES, OUTREACH, PARTNERSHIP, POOR HOUSEHOLDS, PORTFOLIO MANAGEMENT, PORTFOLIOS, POVERTY REDUCTION, PRICE UNCERTAINTIES, PRIVATE BANKS, PRIVATE COMMERCIAL BANKS, PRIVATIZATION, PRODUCTIVITY, PROFITABILITY, REGULATORY FRAMEWORK, REGULATORY FRAMEWORKS, RETAIL BANKING, RISK MANAGEMENT, RURAL AREAS, RURAL BANKS, RURAL COMMUNITIES, RURAL DEVELOPMENT, RURAL FINANCE, RURAL FINANCE INSTITUTIONS, RURAL FINANCIAL INSTITUTIONS, RURAL FINANCIAL MARKETS, RURAL FINANCIAL SERVICES, RURAL HOUSEHOLDS, SAVINGS, SAVINGS DEPOSITS, SERVICE COMPANY, SMALL BUSINESSES, SOCIETY, SPONSORSHIP, SUBSIDIARY, SUSTAINABILITY, TECHNICAL ASSISTANCE, TRANSACTION COSTS, UNION, WORKING CAPITAL