To Mexico: Days 2-3 and beyond

e-MFP, 24 October 2014

This is part 3 of a 3-part installment from my brief visit to Mexico in October 2014.  Read parts one and two.

The biggest mystery about Mexico is understanding the numbers. They just don’t quite seem to add up. And that’s what was dogging me throughout the visit, including the two days spent in Mexico City talking to various actors in the sector.

I was lucky – it just so happened that ProDesarrollo was releasing its 2013-14 Sector Benchmarking, and I managed to get myself invited to the event.  A great opportunity to network with many actors in the sector at once. I also got to see the presentation of the market figures. At the outset of the trip, I laid out several hypotheses.  It seems to me that there are really only two that matter more than all the rest:  1) the number of unique clients and number of loans they hold, and 2) the profile of the MFI clients on which the market rests. more →

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