Marie Michael Library

Title

Savings in the context of microfinance: state of knowledge

Author

Fiebig, Michael; Hanning, Alfred; Wisniwski, Sylvia

Description

Savings mobilization has only recently been recognized as a major force in microfinance; in the past, microfinance focused almost exclusively on credit. It is now generally acknowledged that households will deposit their surplus capital in financial institutions if the institutions are appropriately structured and offer the clients savings products that meet their specific needs. If demand-oriented deposit facilities are embedded in appropriate institutional settings, they may achieve a level of outreach and impact that credit-only facilities cannot achieve.

File No

CGAP-W99/4

Agency

Consultative Group to Assist the Poorest (CGAP)

Date

1999

Subject(s)

Savings, Thrift

Pages

iii, 25

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