Financial Intermediation in Rural Development : Success/Failure of Rural Banks in Sierra Leone
Language: English
Published by LAP LAMBERT Academic Publishing
- Softcover
- New
Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH
AbeBooks seller since August 14, 2006
Condition: New
£ 52.83
Quantity: 1 available
Add to basketItem description from seller
nach der Bestellung gedruckt Neuware - Printed after ordering - Sierra Leone has, over the decades, tried to provide finance to rural residents through various credit programmes. From the first Agricultural Loans Schemes to the current Community banks, the underlying policy has been the provision of cheap credit as a means of 'bribing' rural residents, especially farmers, to adopt new technologies-seeds, fertilizers etc. But the effect has been, at best, a mixed outcome of miniscule success and huge failure. What this book has revealed is that the informal financial market is operating and performing vital intermediation roles. Formal financial institutions need to recognize and emulate these if they are to succeed in the rural development drive. The book suggests that rural financial intermediation goes beyond the provision of cheap credit. It requires, inter alia, an enabling economic environment (i.e. well integrated mix of economic policies), good roads, emulating the informal financial sector's modus operandi, education for credit users, market centres and well trained rural banking personnel. The book has also demonstrates that the mistakes of past credit policies are still being replicated. A new thinking is now of the essence.…
Seller Inventory # 9786139932160
Bibliographic details
- Title
- Financial Intermediation in Rural Development : Success/Failure of Rural Banks in Sierra Leone
- Author
- Bob Karankay Conteh
- Publisher
- LAP LAMBERT Academic Publishing
- Condition
- Neu
- Binding
- Taschenbuch
- Language
- English
- ISBN 10
- 6139932165
- ISBN 13
- 9786139932160
- Item weight
- 429 grams
- Dimensions
- 220x150x17 mm
Shipping rates from Germany to U.S.A.
| Item | 7 to 10 business days | 5 to 7 business days |
|---|---|---|
| First item | £ 29.20 | £ 37.54 |
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