Social and Behavioral Sciences Commons^™

Liberalization Of Village Banking In Guatemala: Structural Differences In Village Banking Institutions, Erica L. Hill

Honors Theses

The International Year of Microcredit in 2005 facilitates public awareness campaigns of microfinance initiatives. Village banking allows microfinance services to reach a wider geographic region, with particular emphasis on rural regions and the poorest sector of society. It attends to those marginalized by a history of repression and conflict. In Guatemala, ethnic diversity and its accompanying social divisions have deep roots. Guatemala is an important case for village banking because of its economic reliance on village banking, the size of the country, and the large number (9) of VBIs in the country. Recent literature calls for an increase in flexibility …