Abstract
Whether improved financial access after the implementation of a new
program on a credit guarantee system leads to a change in targeted rural
businesses. Data from Mexican Credit Guarantee System for rural
enterprises.
A reduction in the average amount per guaranteed operations is found and
it leads to a CGS shift in the targeted beneficiaries. Smaller rural
producers are being included in the CGS due to changes in program
eligibility conditions. The CGS beneficiary shift is assessed using
Interrupted Time Series. Financial support and accessibility increased
after the implementation of the Fondo Nacional de Garantías (FONAGA).
The study shows temporal and permanent shifts on some of the credit
guarantee operation parameters.