Portfolios of Rwanda is a new report that analyzes the daily cash flows of Rwandan households to better understand their financial needs. In many cases, the challenge is no longer an issue of access to financial services, but one of relevant products.
Muslim microfinance clients often insist on Sharia-compliant products. However, when offered, many clients try the products and then go back to conventional products. Others shun the Islamic offerings altogether. Why this disconnect between what people say and what they do?
For smallholder farms, expenses come early in the season before the planting while income arrives only several months later with the harvest. How, then, can these farmers access the cash they need to plant their crops and, more importantly, to survive between harvests?
Banks that recognize the unique characteristics of farmers as customers and adapt their businesses using financial and skill-based support from donors will be best positioned to address the huge gap in demand for smallholder financing.
Using data from a national household survey in Brazil, we segmented Brazilian respondents into six categories: Financially Excluded; Unbanked Bill Payers; Selective Users; Privileged Agent Non-Users; Banked Bill Payers; and Agent Super-Users.
A recent survey of 5,500 households is a gold mine of information on the demand and supply of financial services in Myanmar. Providers, policy makers, donors and investors already are starting to use the data to guide their policies.