El financiamiento a las microempresas en el Distrito Federal. Una aplicación del modelo FOCO

Abstract

This paper presents the evaluation results of a Public Program (PP) in Mexico City (Mexico) that grants microcredits for strengthening microenterprises and promoting self-employment. The evaluation aims at verifying whether an appropriate credit management benefitted microenterprises. We found that older microenterprises compared to younger ones manage investment credits more properly; as well, investment credits are better managed than working capital credits and most micro entrepreneurs do not use credit for the purpose they mentioned when filling out the application credit form