This is the proposal from Colombian banks to Abelardo de la Espriella to end illegal loans known as “gota a gota” (drop by drop).

The Colombian banking sector has proposed a strategy to combat illegal, high-interest lending schemes known as 'gota a gota' through a process of rebancarization. The initiative, discussed in coordination with lawyer Abelardo de la Espriella, aims to integrate individuals currently reliant on informal credit markets into the formal financial system.

This proposal, championed by the president of the Colombian Banking Association, seeks to address the systemic issue of predatory lending by providing legal alternatives to vulnerable populations. The move represents a renewed effort by financial institutions to expand access to formal credit and mitigate the social and economic risks associated with informal lending practices.