Microfinance in Zambia: Towards a sound and supportive regulatory and supervisory framework
| dc.contributor.author | Mukupa, Mwenya Martha | |
| dc.date.accessioned | 2013-10-04T08:29:08Z | |
| dc.date.available | 2013-10-04T08:29:08Z | |
| dc.date.issued | 2013-10-04 | |
| dc.description.abstract | It is trite to say that microfinance is an important tool in the programs of poverty eradication. Microfmance means financial services for the poor and the very poor; diverse poor people enjoying permanent access to a wide range of financial services, delivered through a variety of convenient mechanisms by different types of institutions. These financial services include savings, loans, credit, payment service and insurance.Until recently, microfinance has largely developed outside the realm of formal financial sector on a separate trade that seldom interacts with established financial actors. However, it became increasingly apparent that large-scale sustained microfmance could be achieved only if financial services for the poor are integrated into the overall financial system.This means that, inter alia, governmental policies that promote financial sector deepening and expansion. Depending on their approach, governments can either undermine or encourage the development of microfmance. Special attention should be paid to building the capacity of bank regulators to evaluate, monitor, and supervise microfmance institutions in a way that ensures the overall soundness of the sector without stifling its growth.This essay is based on the view that through the formulation of sound and supportive supervisory and regulatory framework, government policy makers concretely contribute to the establishment of appropriate enabling environment that would positively affect the development of microfmance institutions in Zambia. Thus bringing about national development through empowerment of the poor with various financial services. | en_US |
| dc.identifier.uri | http://dspace.unza.zm/handle/123456789/2700 | |
| dc.language.iso | en | en_US |
| dc.subject | Micrifinance-Zambia | en_US |
| dc.subject | Financial Institutions-Zambia | en_US |
| dc.title | Microfinance in Zambia: Towards a sound and supportive regulatory and supervisory framework | en_US |
| dc.type | Thesis | en_US |