Microfinance Sector in Emerging Capital Markets: Peruvian Financial Entity CMAC
The article elaborates on how La Caja Municipal de Huancayo (credit union), through good practices, was the first credit union in the country to raise money on the capital markets under competitive terms. Peru´s microfinance sector have been growing rapidly in the past decade and La Caja Municipal de Huancayo opens the door for future credit unions to incursion on capital markets.
Kurt Burneo, , Edmundo R. Lizarzaburu, (2018), Microfinance Sector in Emerging Capital Markets: Peruvian Financial Entity CMAC (CAJA Municipal de Huancayo), in John W.Kensinger (ed.) Global Tensions in Financial Markets (Research in Finance, Volume 34) Emerald Publishing Limited, pp.139 - 166.