拉丁美洲农村金融机构信贷风险管理【外文翻译】.pdfVIP

外文翻译 原文 Managing Credit Risk in Rural Financial Institutions in Latin American Material Source ：Rural Financial Learning Centre （RFLC ） Authors ：Mark Wenner, Sergio Navajas, Carolina Trivelli, Alvaro Tarazona Adequately managing credit risk in financial institutions is critical for their survival and growth. In the case of rural lending in general and agricultural lending in particular, the issue of credit risk is of even of greater concern because of the higher levels of perceived risks resulting from some of the characteristics of rural dwellers and the conditions that they find themselves in. More extremely p r people tend to live in rural than in urban areas. In addition, fewer people are able t access basic infrastructure services and these tend to be of lesser quality or to be less reliable than in urban areas. Rural residents tend to be less educated, more often than not they have insecure land tenure, and they live farther apart than urban populations .Most importantly, agriculture, the mainstay of most rural economies, tends t be subject t price volatility, weather shocks, and trade restrictions. As a result, financial institutions that are active in rural areas are likely to face an elevated level of credit risk and need t manage it well. The lack of g d risk mitigation techniques and high transaction costs can discourage formal financial institutions from entering and serving rural areas. Conclusions and Recommendations Credit risk management in Latin American rural financial institutions is improving and evolving, but much still needs to be done. Many of the institutions surveyed demonstrated success as measured by high overall rates of profitability, low