<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>0301-7036</journal-id>
<journal-title><![CDATA[Problemas del desarrollo]]></journal-title>
<abbrev-journal-title><![CDATA[Prob. Des]]></abbrev-journal-title>
<issn>0301-7036</issn>
<publisher>
<publisher-name><![CDATA[Universidad Nacional Autónoma de México, Instituto de Investigaciones Económicas]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0301-70362018000400127</article-id>
<article-id pub-id-type="doi">10.22201/iiec.20078951e.2018.195.62527</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[¿Qué determina la morosidad en las microfinanzas? El caso de la Asociación Civil Avanzar]]></article-title>
<article-title xml:lang="en"><![CDATA[What Drives Debt Defaults in Microfinance? The Case of the Asociación Civil Avanzar]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Golman]]></surname>
<given-names><![CDATA[Matías]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Bekerman]]></surname>
<given-names><![CDATA[Marta]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad de Buenos Aires  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Argentina</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2018</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2018</year>
</pub-date>
<volume>49</volume>
<numero>195</numero>
<fpage>127</fpage>
<lpage>151</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S0301-70362018000400127&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S0301-70362018000400127&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S0301-70362018000400127&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen El presente trabajo tiene como objetivo distinguir las variables determinantes sobre el mayor o menor grado de morosidad en el pago de los prestatarios micro-financieros en un estudio de caso correspondiente a la Asociación Civil Avanzar. Es a partir del análisis de la base de datos de dicha institución social argentina, que se analizan las características más relevantes de los prestatarios, incluyendo las personales, del hogar y del mismo crédito otorgado, para explicar el comportamiento frente al pago de sus cuotas. Se obtuvieron interesantes conclusiones que pueden permitir avanzar sobre los problemas de información existentes al momento de otorgar créditos para instituciones con similares características a la considerada en este estudio.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[abstract This paper sets out to elucidate the variables driving higher or lower rates of microfinance borrowers defaulting on paying back their loans in a case study of Asociación Civil Avanzar. We analyze the database held by this Argentinean civil society organization, examining the most salient data on borrowers, including personal, household, and loan information, to explain their behavior with respect to paying their installments. Interesting conclusions emerged that could help make progress down the path toward solving reporting problems when institutions similar to those in this study are deciding whether to grant a loan or not.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[microfinanzas]]></kwd>
<kwd lng="es"><![CDATA[morosidad]]></kwd>
<kwd lng="es"><![CDATA[prestatarios]]></kwd>
<kwd lng="es"><![CDATA[microcréditos]]></kwd>
<kwd lng="es"><![CDATA[servicios financieros]]></kwd>
<kwd lng="es"><![CDATA[análisis econométrico]]></kwd>
<kwd lng="es"><![CDATA[E51]]></kwd>
<kwd lng="es"><![CDATA[G2]]></kwd>
<kwd lng="es"><![CDATA[C33]]></kwd>
<kwd lng="es"><![CDATA[D81]]></kwd>
<kwd lng="en"><![CDATA[Microfinance]]></kwd>
<kwd lng="en"><![CDATA[default]]></kwd>
<kwd lng="en"><![CDATA[borrowers]]></kwd>
<kwd lng="en"><![CDATA[microcredit]]></kwd>
<kwd lng="en"><![CDATA[financial services]]></kwd>
<kwd lng="en"><![CDATA[econometric analysis]]></kwd>
</kwd-group>
</article-meta>
</front><back>
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