Rural Microfinance in Argentina After the Tequila Crisis

Author: Schreiner, Mark.
This work analyzes formal and informal markets for microfinance in rural Argentina. It provides a broad overview of rural financial markets in all their forms. It carefully describes the ways in which small, rural producers use financial services, be they saving services, loans or payment services. It then describes the current state of the supply of the rural microfinance, covering a variety of institutional forms such as public banks, private banks, cooperatives, non-governmental organizations, and input suppliers. After comparing demand with supply to determine mismatches, it suggests improvements in the micro and macro structure of the market that would likely improve long-term access to rural microfinance for small products.


“[This work] is a timely analysis of the timeless factors that plague rural finance in producing the current generalized crisis. It is a must-read for members of the Bretton Woods organizations that are currently attempting to solve Argentina’s foreign debt woes with additional doses of loans, microfinance analysts who seek an example framework for the analysis of supply and demand when the microfinance market at present hardly exists, Latin Americanists seeking understanding for the recurrent crisis that wreck the continent of South America, and academics and students looking for a case study in how to conduct research that leads to useful policy advice.” – Geetha Nagarajan, PhD, The American University

“Mark Shreiner clearly and precisely describes the main characteristics of the supply and demand of financial services in rural areas of Argentina…..the chief virtue of Shreiner’s book is to identify the factors that limit the growth of access to formal financial services in rural areas, both in terms of numbers of clients as well as in terms of the poverty of those clients. Furthermore, Schreiner presents not only the challenges but also the opportunities and alternatives for interventions that aim to improve both the amount and quality of the supply of financial service for the rural poor.” – Horacio Colombet, Coordinator, FINAGRO, Secretaría de Agricultura, Pesca y Alimentación

Table of Contents

Table of Contents:
Preface, Ackknowledgements
1. Rural Microfinance in Argentina
2. Demand for Rural Microfinance
3. Supply of Rural Microfinance
4. Inefficiency in Argentine Financial Institutions