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We use the 2016 FinAccess Household survey data of 2015 from 8665 households and desktop reviews to examine how perceptions, behaviour, financial literacy and socioeconomic characteristics of un(der) banked consumers can shape their dynamics towards credit usage. The challenges and opportunities...
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strengthens in-person, bank-based borrowing and informal borrowing, reducing the demand for impersonal online lending. Both of …
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