Small Business Economics

, 37:493

Gender differences in the impact of banking services: evidence from Mexico


DOI: 10.1007/s11187-011-9377-9

Cite this article as:
Bruhn, M. & Love, I. Small Bus Econ (2011) 37: 493. doi:10.1007/s11187-011-9377-9


This paper examines the effects of providing financial services to low-income individuals on entrepreneurial activity, employment, and the income levels of men and women. We exploit cross-time and cross-municipality variation in the opening of Banco Azteca in Mexico to measure these effects with a difference-in-difference strategy. This bank opened over 800 branches simultaneously in 2002, focusing on low-income clients. Our results show that this led to an increase in the number of informal business owners among men and to an increase in wage-earning opportunities for women. Average income levels also increased, with this increase being twofold higher for women than for men.


Finance and development Entrepreneurship Banking 

JEL Classifications

G12 O12 L26 

Copyright information

© Springer Science+Business Media, LLC. 2011

Authors and Affiliations

  1. 1.The World BankWashingtonUSA