Financing the Rural Poor : Savings and Loan Network in Benin

The rural poor can save, although commercial banks are rarely able to mobilize these savings in financial form. Rural credit demand is also high, not only to survive drought and other periodic disasters but also to help move out of poverty through...

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Main Author:	Mosele, Luciano
Format:	Brief
Language:	English
Published:	2012
Subjects:	AGRICULTURAL DEVELOPMENT BANKING SECTOR BANKING SERVICES BANKING SYSTEM BUSINESS ENVIRONMENT COLLATERAL COMMERCIAL BANKS COOPERATIVE BANKS CREDIT APPRAISALS CREDIT PROGRAMS DECENTRALIZATION DEPOSIT DEPOSITORS DEPOSITS DEVELOPMENT BANK DROUGHT ECONOMICS EXPENDITURES FARMERS FINANCIAL DISCIPLINE FINANCIAL INSTITUTIONS FINANCIAL SECTOR FINANCIAL SUSTAINABILITY GROUP LENDING INFLATION INTEREST RATES INTEREST RATES TO BORROWERS JURISDICTION LACK OF INFORMATION LINES OF CREDIT LIQUIDITY LIQUIDITY MANAGEMENT LOAN LOCAL BANKS LOCAL SAVINGS MICRO CREDIT NATIONAL SAVINGS PEER PRESSURE PORTFOLIO PRIVATE COMMERCIAL BANKS PRIVATE SECTOR DEVELOPMENT PSYCHOLOGICAL BARRIERS RECOVERY RATE REHABILITATION PROGRAM REPAYMENT REPAYMENT RATES REPUTATION RURAL RURAL AREAS RURAL CREDIT RURAL POOR SAVINGS BANK SHARE CAPITAL SHORT-TERM SAVINGS SOURCE OF CREDIT TANGIBLE ASSETS TECHNICAL ASSISTANCE
Online Access:	http://documents.worldbank.org/curated/en/1996/07/12844985/financing-rural-poor-savings-loan-network-benin http://hdl.handle.net/10986/9961

id	okr-10986-9961
recordtype	oai_dc
spelling	okr-10986-99612021-04-23T14:02:47Z Financing the Rural Poor : Savings and Loan Network in Benin Mosele, Luciano AGRICULTURAL DEVELOPMENT BANKING SECTOR BANKING SERVICES BANKING SYSTEM BUSINESS ENVIRONMENT COLLATERAL COMMERCIAL BANKS COOPERATIVE BANKS CREDIT APPRAISALS CREDIT PROGRAMS DECENTRALIZATION DEPOSIT DEPOSITORS DEPOSITS DEVELOPMENT BANK DROUGHT ECONOMICS EXPENDITURES FARMERS FINANCIAL DISCIPLINE FINANCIAL INSTITUTIONS FINANCIAL SECTOR FINANCIAL SUSTAINABILITY GROUP LENDING INFLATION INTEREST RATES INTEREST RATES TO BORROWERS JURISDICTION LACK OF INFORMATION LINES OF CREDIT LIQUIDITY LIQUIDITY MANAGEMENT LOAN LOCAL BANKS LOCAL SAVINGS MICRO CREDIT NATIONAL SAVINGS PEER PRESSURE PORTFOLIO PRIVATE COMMERCIAL BANKS PRIVATE SECTOR DEVELOPMENT PSYCHOLOGICAL BARRIERS RECOVERY RATE REHABILITATION PROGRAM REPAYMENT REPAYMENT RATES REPUTATION RURAL RURAL AREAS RURAL CREDIT RURAL POOR SAVINGS BANK SHARE CAPITAL SHORT-TERM SAVINGS SOURCE OF CREDIT TANGIBLE ASSETS TECHNICAL ASSISTANCE The rural poor can save, although commercial banks are rarely able to mobilize these savings in financial form. Rural credit demand is also high, not only to survive drought and other periodic disasters but also to help move out of poverty through investments that improve productivity and tap into economic opportunities. Yet the high perceived costs and risks of intermediation have deterred formal financial institutions from serving the rural poor. The experience of the World Bank-assisted Rural Savings and Loan Project in Benin shows that well-designed investment in grass roots financial institutions can fill this gap on a sustainable basis. 2012-08-13T09:59:55Z 2012-08-13T09:59:55Z 1996-07 http://documents.worldbank.org/curated/en/1996/07/12844985/financing-rural-poor-savings-loan-network-benin http://hdl.handle.net/10986/9961 English Africa Region Findings & Good Practice Infobriefs; No. 66 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Brief Publications & Research Africa Benin
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	AGRICULTURAL DEVELOPMENT BANKING SECTOR BANKING SERVICES BANKING SYSTEM BUSINESS ENVIRONMENT COLLATERAL COMMERCIAL BANKS COOPERATIVE BANKS CREDIT APPRAISALS CREDIT PROGRAMS DECENTRALIZATION DEPOSIT DEPOSITORS DEPOSITS DEVELOPMENT BANK DROUGHT ECONOMICS EXPENDITURES FARMERS FINANCIAL DISCIPLINE FINANCIAL INSTITUTIONS FINANCIAL SECTOR FINANCIAL SUSTAINABILITY GROUP LENDING INFLATION INTEREST RATES INTEREST RATES TO BORROWERS JURISDICTION LACK OF INFORMATION LINES OF CREDIT LIQUIDITY LIQUIDITY MANAGEMENT LOAN LOCAL BANKS LOCAL SAVINGS MICRO CREDIT NATIONAL SAVINGS PEER PRESSURE PORTFOLIO PRIVATE COMMERCIAL BANKS PRIVATE SECTOR DEVELOPMENT PSYCHOLOGICAL BARRIERS RECOVERY RATE REHABILITATION PROGRAM REPAYMENT REPAYMENT RATES REPUTATION RURAL RURAL AREAS RURAL CREDIT RURAL POOR SAVINGS BANK SHARE CAPITAL SHORT-TERM SAVINGS SOURCE OF CREDIT TANGIBLE ASSETS TECHNICAL ASSISTANCE
spellingShingle	AGRICULTURAL DEVELOPMENT BANKING SECTOR BANKING SERVICES BANKING SYSTEM BUSINESS ENVIRONMENT COLLATERAL COMMERCIAL BANKS COOPERATIVE BANKS CREDIT APPRAISALS CREDIT PROGRAMS DECENTRALIZATION DEPOSIT DEPOSITORS DEPOSITS DEVELOPMENT BANK DROUGHT ECONOMICS EXPENDITURES FARMERS FINANCIAL DISCIPLINE FINANCIAL INSTITUTIONS FINANCIAL SECTOR FINANCIAL SUSTAINABILITY GROUP LENDING INFLATION INTEREST RATES INTEREST RATES TO BORROWERS JURISDICTION LACK OF INFORMATION LINES OF CREDIT LIQUIDITY LIQUIDITY MANAGEMENT LOAN LOCAL BANKS LOCAL SAVINGS MICRO CREDIT NATIONAL SAVINGS PEER PRESSURE PORTFOLIO PRIVATE COMMERCIAL BANKS PRIVATE SECTOR DEVELOPMENT PSYCHOLOGICAL BARRIERS RECOVERY RATE REHABILITATION PROGRAM REPAYMENT REPAYMENT RATES REPUTATION RURAL RURAL AREAS RURAL CREDIT RURAL POOR SAVINGS BANK SHARE CAPITAL SHORT-TERM SAVINGS SOURCE OF CREDIT TANGIBLE ASSETS TECHNICAL ASSISTANCE Mosele, Luciano Financing the Rural Poor : Savings and Loan Network in Benin
geographic_facet	Africa Benin
relation	Africa Region Findings & Good Practice Infobriefs; No. 66
description	The rural poor can save, although commercial banks are rarely able to mobilize these savings in financial form. Rural credit demand is also high, not only to survive drought and other periodic disasters but also to help move out of poverty through investments that improve productivity and tap into economic opportunities. Yet the high perceived costs and risks of intermediation have deterred formal financial institutions from serving the rural poor. The experience of the World Bank-assisted Rural Savings and Loan Project in Benin shows that well-designed investment in grass roots financial institutions can fill this gap on a sustainable basis.
format	Publications & Research :: Brief
author	Mosele, Luciano
author_facet	Mosele, Luciano
author_sort	Mosele, Luciano
title	Financing the Rural Poor : Savings and Loan Network in Benin
title_short	Financing the Rural Poor : Savings and Loan Network in Benin
title_full	Financing the Rural Poor : Savings and Loan Network in Benin
title_fullStr	Financing the Rural Poor : Savings and Loan Network in Benin
title_full_unstemmed	Financing the Rural Poor : Savings and Loan Network in Benin
title_sort	financing the rural poor : savings and loan network in benin
publishDate	2012
url	http://documents.worldbank.org/curated/en/1996/07/12844985/financing-rural-poor-savings-loan-network-benin http://hdl.handle.net/10986/9961
_version_	1764411302284886016

Financing the Rural Poor : Savings and Loan Network in Benin

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