Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1018571 | Journal of Business Research | 2011 | 9 Pages |
Abstract
The village banking institution, Fundacion Integral Campesina (FINCA) in Costa Rica implements an innovative village banking model in its effort to create financially-sustainable solidarity groups. FINCA trains small community groups in a 22-module program to form Community Credit Enterprises (CCE). These small enterprises, or companies, permit members to buy shares as shareholders and generate capital to offer sustainable credit and business models. FINCA has great success with this model locally and regionally and wonders how best to use its gained experience to expand the program in order to continue creating sustainable businesses through training, business and microfinance services.
Keywords
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Felipe Perez, Connie Jones Gonzalez, Xavier Aaronson,