Microfinance Impact on Rural Development

Microfinance
Knowledge Center

 

Next Topic

Microfinance > Forum > Microfinance Impact on Rural Development

Microfinance Impact on Rural Development
Mrs. Josephine Idele, Partner, Nigeria, Member
Microfinance in the rural areas when properly channeled is of great significance to the development of the rural folks and rural areas. Many institutions like IFAD, DFID etc. have come into the scene expanding financial services in new directions by making use of technology and innovations to reach many poor people in remote rural communities as well as offering them a lot of products. However, with all these huge strides, large number of rural folks cannot boast of having a secure way of saving money and other sundry services. Hence it could be inferred that only a minority number of rural people actually benefit from financial services. Another area to pinpoint are the challenges associated with increasing access to financial services such as lack of adequate capacity, low education, weak infrastructure and also institutions. I would want to highlight that in the face of the fast changing global economic terrain comprising financial crisis, high inflation rates, climate change etc. (...) Read more? Sign up for free
 

Please register now to read all responses and to join this discussion yourself. It's easy and 100% free.

    Log in

 
Microfinance and Rural Development
GS RADJOU, CEO, France, Member
(...)
 

 
10 Tips for Rural Development
Laxman Prasad Paudel, Manager, Nepal, Member
(...)
 

 
Tips for Rural Development
GS RADJOU, CEO, France, Member
(...)
 

         
Special Interest Group Leader

Interested? Sign up for free.


Microfinance
Summary
Forum
Best Practices


Microfinance
Knowledge Center

 

Next Topic



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2020 12manage - The Executive Fast Track. V15.3 - Last updated: 29-1-2020. All names of their owners.