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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File(s): File format is application/pdf https://www.dallasfed.org/~/media/documents/research/swe/2017/swe1704e.pdf
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File(s): File format is application/pdf 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