Sustainable Banking With The Poor
Bennett , L. & Cuevas, C.
Journal: Journal of International Development, 8(2):145-152
Publication Date: 1996
Published by: World Bank
Document Type: Journal Article
Why build sustainable financial systems for the poor?
Emphasises the importance of building sustainable financial systems for poor men and women, from three perspectives:
- Financial sector development;
- Enterprises formation and growth;
- Poverty reduction.
Argues that there is a need to recognize the heterogeneity of the poor and especially the implications of this in designing institutions and programs, evaluating limitations imposed by the policy and regulatory environment and solving the challenges posed by institution building.
Concludes that the shift from transferring resources to the poor to an emphasis on building sustainable institutions that will be there to serve the poor long after donor fashions have changed or government exchequers have run dry is a healthy one. [author]
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