Analysis of Rural Finance Policy and Strategy Implementation
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Dear Friends & Colleagues Approximately 50% of adults in rural areas are unbanked or have no access to financial services. Access to financial services has been a challenge due to various reasons, which among others include low population density in rural areas and extremely poor infrastructure, compounded by low productivity, making it difficult and expensive to provide such services. The importance of increasing access to financial services cannot be overemphasized because of the key role it plays in reducing poverty, increasing employment and attracting development. This can consequently help to bridge the rural-urban economic divide with 77% of poor people...
