Frontier Finance - Microfinance as a Prudent First Intervention in Post-Conflict Countries

While there is growing support for microfinance globally, the unmet demand remains enormous, particularly in Africa, and especially in post-conflict and frontier countries. In Liberia, Sierra Leone, the Central African Republic and the Democratic Republic of Congo (DRC), less than 1 percent of the population has access to a bank account. Yet as these countries continue to stabilize, the demand for secure financial services is exploding. The post-conflict nature of these countries magnifies the need for microfinance services, as micro and small enterprises (MSEs) operating at a subsistence level are often the only surviving businesses after a conflict.

Bibliographic Details

Main Authors:	Earne, Julie, Gutin, John, Jagun, Jumoke
Language:	English
Published:	World Bank, Washington, DC 2008-04
Subjects:	ACCESS TO CREDIT, ACCESS TO FINANCE, ACCESS TO FINANCIAL SERVICES, ACCESS TO SAVINGS, ADVISORY SERVICES, APPLICATION PROCESS, BANK ACCOUNT, BANK BRANCH, BANK BRANCH NETWORKS, BANKS, BEST PRACTICE, BEST PRACTICES, BRANCH NETWORK, BRANCHES, CAPACITY CONSTRAINTS, CENTRAL BANK, COMMERCIAL BANK, CORPORATE GOVERNANCE, CREDIT CULTURE, DEBT, DEPOSIT, DEPOSIT ACCOUNTS, DEPOSITS, EDUCATION SYSTEMS, ENVIRONMENTAL STANDARDS, FINANCIAL ACCESS, FINANCIAL SERVICES, FORMAL BANK, FORMAL EDUCATION, HOLDING, HOLDING COMPANIES, HOLDING COMPANY, HOUSEHOLDS, INDUSTRIAL COUNTRIES, INTERNAL CONTROLS, LOAN, LOAN OFFICER, LOAN PORTFOLIO, LOCAL CAPACITY, LOCAL MARKET, LOW-INCOME, LOW-INCOME COUNTRIES, MFI, MFIS, MICROFINANCE, MICROFINANCE INSTITUTIONS, MICROFINANCE METHODOLOGIES, MICROFINANCE PROGRAM, MICROFINANCE SECTOR, MIDDLE-INCOME COUNTRIES, MONETARY FUND, OUTPUT, PHYSICAL ACCESS, PRIVATE SECTOR DEVELOPMENT, REGULATORY BODIES, SAVINGS ACCOUNTS, SAVINGS PRODUCTS, SHAREHOLDER, SMALL ENTERPRISES, SPONSORS, STAKEHOLDERS, START-UP, SUB-SAHARAN AFRICA, SUSTAINABLE MICROFINANCE, TECHNICAL ASSISTANCE, TECHNICAL PARTNERS, TECHNICAL SKILLS, URBAN AREAS, YOUNG ADULTS,
Online Access:	http://documents.worldbank.org/curated/en/2008/04/9681500/frontier-finance-microfinance-prudent-first-intervention-post-conflict-countries https://hdl.handle.net/10986/10617
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