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2022 | OriginalPaper | Chapter

Shadow Banking Services for Entrepreneurs

Author : Les Dlabay

Published in: Entrepreneurship in South America

Publisher: Springer International Publishing

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Abstract

Informal financial services ranging from loans with family members to community-based savings groups serve entrepreneurs and households in South America. With several hundred million people lacking access to formal banking services in the region, varied alternative financial services are offered by informal and semiformal providers. Individuals and small business owners seek loans, savings services, and payment activities through shadow financial sources influenced by tradition, cultural norms, and economic necessity.

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previous chapter Entrepreneurship in Venezuela

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Title: Shadow Banking Services for Entrepreneurs
Author: Les Dlabay
Publisher: Springer International Publishing
Book: Entrepreneurship in South America
Print ISBN: 978-3-030-97059-8

Electronic ISBN: 978-3-030-97060-4

Copyright Year: 2022
DOI: https://doi.org/10.1007/978-3-030-97060-4_15

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