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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Management and delivery of financial services for the poor: Finca's village bank approach in Malawi
Author:Chirwa, Ephraim WadondaISNI
Year:1999
Periodical:Savings and Development
Volume:23
Issue:1
Pages:5-28
Language:English
Geographic term:Malawi
Subjects:self-help associations
commercial banks
poverty
informal savings and credit associations
External link:https://www.jstor.org/stable/25830676
Abstract:The financial services provided by the Foundation for International Community Assistance (Finca) in Malawi are among the many donor or government-supported interventions in informal financial markets to address the needs of the urban and rural poor. This article is based on a detailed study of the operations of Finca, which offers financial services to poor women in urban and semi-urban areas of Blantyre district. Data were collected both at institutional and beneficiary level. Two groups known as Village Banks, one in Chilomoni and the other in Bangwe, were visited, and the participatory rural appraisal method was used to evaluate the impact of the programme. The author analyses the design of the programme, the extent of outreach, resource allocation, financial performance, and sustainability. Bibliogr., notes, ref., sum. in English and French.
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