Bolivia's Ministry of Economy and Public Finance issued a ministerial resolution creating the Broad Guarantee and Credit Fund, a new financial inclusion instrument designed to widen access to credit by providing guarantees for first-home lending and micro and small enterprise finance. In line with Supreme Decree No. 5542, Multiple Banks and SME Banks must allocate 6% of their 2025 net profits to capitalise the fund, with resources channelled to mechanisms that ease access to credit for borrowers facing collateral constraints. The fund is intended to guarantee up to 20% of a property’s value for a first home and to cover 50% of credit guarantees for productive-sector activities and for commerce and services lending to micro and small enterprises. Financial institutions will administer the fund under the supervision of the Financial System Supervision Authority (ASFI); for micro and small enterprise lending, interest rates follow existing rules, including a fixed annual rate for commerce and services during the first year and the addition of the TRE from the second year.
Ministry of Finance (Bolivia) 2026-04-13
Bolivia's Ministry of Economy and Public Finance creates Broad Guarantee and Credit Fund funded by 6% of multiple and SME banks’ 2025 net profits
Bolivia’s Ministry of Economy and Public Finance has created the Broad Guarantee and Credit Fund to expand financial inclusion by providing guarantees for first-home mortgages and micro and small enterprise credit. Multiple Banks and SME Banks must allocate 6% of their 2025 net profits to capitalise the fund, which will guarantee up to 20% of a property’s value for first homes and 50% of credit for productive, commerce and services activities, administered by financial institutions under the supervision of the Financial System Supervision Authority.