The Costs of Attaining the Millennium Development Goals *

Overall, the microfinance sector is continuing to expand despite tremendous operating obstacles in serving the market in a sustainable way. The lack of access to financial services for households and micro and small enterprises is quite striking in Africa and microfinance institutions are crucial in responding to the unbanked segments. However, the microfinance sector is still relatively small and weak compared to other global regions and despite the huge potential market. In this context, the role of savings banks in microfinance should be recognised and boosted. Furthermore, a distinctive feature of the microfinance sector in Africa is the relative weight...
Nội dung trích xuất từ tài liệu:
The Costs of Attaining the Millennium Development Goals *