Our prOject
Availability of Credit
Colombia hopes to join the selected group of countries that arre members of the Organization for Economic Cooperation and Development (OECD). However, within the requirements to be met, the country is still far from reaching optimum levels, according to Financial Inclusion by the Opportunity Bank and the Financial Superintendence of Colombia.
Although financial inclusion shows growth, the gap between Colombia and the OECD, by the results recorded in the World Bank Global Findex, remains large. The percentage of Colombian adults that used in 2011 the financial system, had a rate of 30.4%, while in the OECD reached 90%. By 2014, the country had 38.4% versus 94% of international cooperation organization.
Financial institutions should implement different strategies of credits so that Colombians can have an economic improvement, and initiate new projects that contribute to the development of society.
The information was taken from the official website of the magazine “La Republica”
