Financing the Rural Poor : Savings and Loan Network in Benin

Mosele, Luciano

关键词: AGRICULTURAL DEVELOPMENT;    BANKING SECTOR;    BANKING SERVICES;    BANKING SYSTEM;    BUSINESS ENVIRONMENT;   

RP-ID  :  57067

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The rural poor can save, althoughcommercial banks are rarely able to mobilize these savingsin financial form. Rural credit demand is also high, notonly to survive drought and other periodic disasters butalso to help move out of poverty through investments thatimprove productivity and tap into economic opportunities.Yet the high perceived costs and risks of intermediationhave deterred formal financial institutions from serving therural poor. The experience of the World Bank-assisted RuralSavings and Loan Project in Benin shows that well-designedinvestment in grass roots financial institutions can fillthis gap on a sustainable basis.