Cajas Externas in Bolivia: A Stategic Alliance to Increase Savings in Under-Served Markets

This presentation analyzes Cajas Externas - which are a result of a partnership between FIE (a regulated financial institution in Bolivia) and ProMujer (non governmental organization). The partnership allows ProMujer clients to utilize specialized FIE teller windows in ProMujer branches to:

• Encash their loan disbursement cheques;
• Make their loan payments and deposits;
• Pay their utility bills.

The paper presents some of the achievements of this alliance:

• Over 13 teller windows opened throughout Bolivia;
• US $2.7million mobilized in savings through the alliance;
• Efficient operations costs of the teller windows less than the cost of funds from NAFIBO, the second-tier bank in Bolivia.