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Savings credit groups microfinance developing world financial services low-income 2SLS Savings and Credit Cooperatives
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Savings Groups And Banks: Complements Or Substitutes? Financial Inclusion In Rural Tanzania, Shirleen Rubangura Teta
Savings Groups And Banks: Complements Or Substitutes? Financial Inclusion In Rural Tanzania, Shirleen Rubangura Teta
Master's Theses
Abstract: The substantial increase in the number savings and credit groups as well as microfinance institutions over the past years suggests that individuals in the developing world have progressively become aware of the importance of access to financial services. This study adds to the existing literature on the function of savings and credit groups in places with lower use of formal financial services and inform us whether these groups are a possible substitute or complement for formal financial services (banks) within low-income communities. Based on household data collected in Tanzania in 2013, this paper attempts, using two different estimations, a …