Credit unions in Chile and their role in financial inclusion
DOI:
https://doi.org/10.4067/S0718-88702022000100075Keywords:
Credit unions, financial inclusion, creditAbstract
This paper explores the role played by credit unions in financial inclusion in Chile. Using administrative individual-level data, we analyze the borrowing behavior of credit union debtors. The results find that credit unions contribute to financial inclusion: it is more likely that people with low income, elderly, women, and inhabitants of small communities, far from the large urban centers, borrow from credit unions. Also, we find that having a credit union commercial office in the county where individuals live increases their access to credit.Downloads
References
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Copyright (c) 2022 Antonio Lemus, Cristian Rojas
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