Development of rural financial markets to Sub-Saharan Africa /
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| Author / Creator: | Thillairajah, Sabapathy, 1928- |
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| Imprint: | Washington, D.C. : World Bank, 1994. |
| Description: | xx, 142 p. ; 28 cm. |
| Language: | English |
| Series: | World Bank discussion papers, 0259-210X ; 219. Africa Technical Department series World Bank discussion papers 219. World Bank discussion papers. Africa Technical Department series |
| Subject: | |
| Format: | Print Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/1634230 |
| Summary: | Provides valuable lessons for making rural financial systems strong and self-sustaining. This paper synthesizes successful rural finance operations within the region and elsewhere. It highlights practical ways to mobilize savings, manage loan portfolios better, and reduce transaction costs to make savings and credit schemes viable and competitive. The author points out ways of designing sustainable credit programs and maintaining positive real interest rates on loans and deposits. The report documents the success of informal financial institutions in Sub-Saharan Africa, such as moneylenders, financial cooperatives, and savings and credit associations. It explains how these organizations can collaborate with formal institutions to serve more people and bolster rural financial markets. |
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| Physical Description: | xx, 142 p. ; 28 cm. |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 0821327054 |
| ISSN: | 0259-210X ; |