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Financial inclusion and financial literacy are receiving increasing attention for their potential to contribute to economic and financial development while fostering more inclusive growth and greater income equality. In general, the progress of financial inclusion and financial development in...
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IV presents a profile of lending by non-bank financial institutions (NBFIs), including microfinance organizations (MFOs …
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The rapid adoption of mobile money transfer (MMT) in East Africa, and Kenya in particular, is facilitating a nexus of inter-personal financial transfers which has hitherto been the least visible dimension of informal finance. At the same time, the success of capturing these flows into a formal...
Persistent link: https://www.econbiz.de/10011374639
This paper is concerned with the recent history of microfinance, both for itself and as a case study of the evolution … applauded the successes of microfinance in expanding financial market opportunities; and a political economy critique that … India, before turning to the potential for a more inductive and plural account. A more plural history of microfinance …
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Policy emphasis for financial sector development has shifted away from microfinance and towards the development of …
Persistent link: https://www.econbiz.de/10010359187
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Policy emphasis has recently shifted to ‘Finance for All’ given evidence that financial sector development (FSD) contributes to growth but that the primary effects on poverty do not arise from pro-poor provision. This paper uses data from Financial Access Surveys carried out in 2006 in Kenya...
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