cycles. This article describes a new model for rural banking: Financial Service Associations (FSAs). The article describes some of the strengths and shortcomings of other formal and informal financial arrangements before describing in detail the proposed structure and services of the FSA.
These include taking savings and providing loans to clients, who qualify for membership of the FSA by being locally based shareholders. Following on from this article, it is hoped that a subsequent issue of the journal will include a description of the FSA pilot projects taking place in South
Africa and several other African countries.
Empowering Poor Rural Villages in South Africa:A Preliminary Investigation into Financial Service Cooperatives
The South African Journal of Economics, Vol. 70 (2002), Iss. 2 P.172https://doi.org/10.1111/j.1813-6982.2002.tb01296.x [Citations: 2]
Rotating savings and credit associations: the choice between random and bidding allocation of funds
Journal of Development Economics, Vol. 60 (1999), Iss. 1 P.143https://doi.org/10.1016/S0304-3878(99)00039-5 [Citations: 22]
- Development impact bonds: learning from the Asháninka cocoa and coffee case in Peru
- Trade-off between outreach and sustainability of microfinance institutions: evidence from sub-Saharan Africa
- Value chain development for rural poverty reduction: A reality check and a warning
- Impact assessment of commodity standards: towards inclusive value chains
- What is cocoa sustainability? Mapping stakeholders’ socio-economic, environmental, and commercial constellations of priorities