Journal Article
Mexico’s ‘SOFOM’ Finance Firms Attempt to Broaden Loan Availability
Abstract: The market presence of Mexican finance companies known as SOFOMES has expanded rapidly since the global financial crisis. The firms largely operate as independent outlets and provide financing to small- and medium-sized companies as well as to consumers for larger purchases. Authorities see SOFOMES as a way to expand credit to Mexico?s informal economy.
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https://www.dallasfed.org/~/media/documents/research/swe/2017/swe1704.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of Dallas
Part of Series: Southwest Economy
Publication Date: 2017
Issue: Q4
Pages: 14-17