By Marjaan Dursma; collaboration of SNV Tanzania, Hivos and FACET.
Poverty in East Africa - as in most other parts of the developing world - is mainly a rural phenomenon. With rural households comprising 80-90% of the poor, the importance of extending the frontier of sustainable microfinance beyond the urban areas is clear. The rural poor constitute both the greatest unmet need and the largest unserved market for financial services. However, to serve this market in a sustainable manner, barriers of costs and risks have to be overcome. This requires technological and methodological innovations. more...
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