– BancoSol, Caja Los Andes, FIE and Prodem – and finds that they have mobilized few deposits compared to banks, or compared to similar institutions elsewhere. It suggests that the availability
of cheaper and easier donor funding is a disincentive to raising capital from depositors, and explains the internal obstacles to savings mobilization on the part of the MFIs. Recommendations for reform
are suggested, in view of the fact that all regulated MFIs in Bolivia are likely eventually to become licensed banks.