Started as a result of PSDP/GOU/UNDP initiative as a way towards poverty eradiction through rural savings mobilization and captial formation among the poor. Challenges include insufficient capital, cost of capital, legal framework, competition from formal financial intermediaries and donor ...
Read moreStarted as a result of PSDP/GOU/UNDP initiative as a way towards poverty eradiction through rural savings mobilization and captial formation among the poor. Challenges include insufficient capital, cost of capital, legal framework, competition from formal financial intermediaries and donor driven NGOs, as well as existing poor savings and credit cultures.
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