Sub-Saharan Africa has the lowest level of access to finance of any region in the world with an average banked population of only 24 percent. A business model for advancing access to finance examines the role the greenfield microfinance institution (MFI) business model plays in increasing access to finance in the African context. A good number of greenfield MFIs on the continent now have sufficient track record to enable an analysis of their performance and role in the market. A stocktaking of the experience can help inform decisions that will shape the coming generation of investment in microfinance. This issue of field notes from the partnership for financial inclusion summarizes the main premises, findings, and conclusions of the research paper.
Details
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Author
Earne,Julie Fawn, Jansson,Tor F., Koning,Antonique M., Flaming,Mark Wayne
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Document Date
2014/02/01
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Document Type
Brief
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Report Number
128211
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2018/07/11
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Disclosure Status
Disclosed
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Doc Name
Greenfield microfinance in Sub-Saharan Africa : a business model for advancing access to finance
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Keywords
holding company; partnership for financial inclusion; Base of the Pyramid; improving access to finance; staff development and training; Financial Sector; microfinance sector; formal banking sector; Technical Assistance Fund; bricks and mortar; introducing new products; portion of total; holding company structure; deposit taking institution; community of practice; local financial institution; human resource development; affordable financial service; investment time horizon
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Citation
Earne,Julie Fawn Jansson,Tor F. Koning,Antonique M. Flaming,Mark Wayne
Greenfield microfinance in Sub-Saharan Africa : a business model for advancing access to finance (English). The partnership for financial inclusion field note,no. 1 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/211451531289605263/Greenfield-microfinance-in-Sub-Saharan-Africa-a-business-model-for-advancing-access-to-finance