Tag: Credit to poor

In view of the highly risky nature of saving in the informal sector, it is probably necessary to think more about helping clients understand the relative risk of saving in these semi-formal institutions. It should also be noted that the evidence from this study suggests that poor people do value some form of external accountability.

So is it just because people do not have access to formal services that these social networks are important or are there dimensions of this borrowing that have an intrinsic value?

David Cracknell, Global Technical Director, MicroSave in conversation with CGTN Africa on Mobile Money and Digital Credit in Africa. Catch full coverage here.

In this video, Equity Bank loan officers discuss the qualities they seek in a Biashara Imara client. And every credit officer looks for a client who is consistent, has command over his/her business, communicates with the credit officer and pays the loan on time. The video also covers the response of Biashara Imara clients who […]