Global Financial Development Report 2014:Financial Inclusion

Bank, World

doi:10.1596/9780821399859

Cited by 231 publications

(59 citation statements)

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“…The use of this card has removed duplication of regulations and possibility of multi-taxes because prior to its issuance, necessary screening will have been done and hence the entrepreneur will be aware of regulations. World Bank (2014) indicates that lack of awareness towards business regulations is among factors contributing to loan failures among small business communities.…”

Section: Discussionmentioning

confidence: 99%

Financial Management Practices Among Micro Enterprises and their Implications for Loan Repayment: A Case of Solidarity Group Lending of DCB Commercial Bank in Dar es Salaam

Kitomo¹,

Likwachala²,

Swai³

2020

IJEF

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The aim of this study was to determine the implications of financial management practices among micro enterprises for loan repayment. The study was confined to Solidarity Group Lending (SGL) customers of DCB Commercial Bank Plc (DCB). Specific objectives included: to identify common practices of managing finances among SGL customers; to determine the extent to which the commonly identified financial management practices influence loan repayment; and to find out challenges facing SGL customers during loan repayment in DCB. A case study research design and cluster sampling were used while data were collected using questionnaires from 80 respondents. Data were analyzed using multiple regressions, and simple descriptive statistics of frequencies, percentages, mean, and range. Results indicate that the common practices of managing finances among the respondents were cash holding 73.8% (n= 59) and short term investments 38.8% (n=31). Regression results revealed that about 70% of variations in ease of loan repayment is influenced by cash holding and short term investment techniques at p=0.000 level of significance (i.e. R = 0.841, R2 = 0.707 and p < 0.05). Key challenges of loan repayment among the respondents were: losses from business (82.6%), payment delays from debtors (67.5%), and difficulty in managing group members to attend their respective loan centers (72.6%). The study recommends that SGL customers need to be educated and sensitized on various financial management techniques and their implications so that they select appropriate techniques in managing profitability and liquidity in their businesses to enhance smooth loan repayment.

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Section: Discussionmentioning

confidence: 99%

Financial Management Practices Among Micro Enterprises and their Implications for Loan Repayment: A Case of Solidarity Group Lending of DCB Commercial Bank in Dar es Salaam

Kitomo¹,

Likwachala²,

Swai³

2020

IJEF

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“…Mobile money, which is defined as payment transactions through mobile communication networks, led to the advancement of financial intermediation in both breadth and depth (Masha, 2016). This development calls for enhanced supervision and monitoring by banks through the provision of mobile access to bank accounts, that is, mobile banking (Srouji, 2020;World Bank, 2013;World Bank, 2014). Central banks regulate mobile banking, though, in many instances, mobile money transactions rely on existing business and company laws since they are operated by mobile network operators (MNO) which are non-bank based (Masha, 2016).…”

Section: Literature Reviewmentioning

confidence: 99%

“…Scholars have also attempted to distinguish between voluntary and involuntary financial exclusion (Williams et al 2017). The World Bank (2014) defines the former as a situation where some of the economic agents opt not to utilize the formal financial system for religious or cultural reasons or because they lack significant need. The current study is solely concerned with the involuntary financial exclusion, which occurs due to factors that are beyond the control of the excluded population.…”

Section: Introductionmentioning

confidence: 99%

“…As the financial inclusion dimension is becoming a reality for an increasing number of developing countries, it is important to empirically examine how it affects economic growth as well as how domestic financial sector developments influence this process. Unlike previous studies in SADC countries such as Ariuna and Gibson (2016) and South Africa Reserve Bank (2014), the current study further investigates the causal relationship between financial inclusion and economic growth in SADC. It also contributes to the existing knowledge by identifying the inconsistency and inability of most empirical studies such as Asongu and Odhiambo (2020), Tchamyou et al (2019), Ahmad et al (2018), Naceur et al (2017), and Batuo et al (2018), which did not categorically differentiate between the effects of financial inclusion on macroeconomic variables based on the level of economic development.…”

Section: Introductionmentioning

confidence: 99%

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The Co-Integrating Relationship Between Financial Inclusion and Economic Growth in the Southern African Development Community

Chiwira¹

2021

EJEF

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This study examines the relationship between financial inclusion and economic growth in SADC. It uses panel data covering the period between 1995 to 2015 and employs the Autoregressive Distributed Lag (ARDL) Bounds and the Toda and Yamamoto and Dolado and Lutkepohl (TYDL) models to examine the co-integrating relationship and the direction of causality respectively. The impact of financial inclusion on economic growth, when measured by the mobile penetration rate and the number of bank branches, diminishes in the long run to an extent of having a negative relationship with economic growth. This implies possible thresholds beyond which a negative impact on economic growth is realized. The long-run influence of financial inclusion on economic growth is hinged on financial technologies, measured by fixed broadband internet services, which have great potential to foster unique financial inclusion and shift the economic paradigm, leading to a digitalized economy. Only financial inclusion initiatives that result in increased bank deposit accounts promote economic growth. SADC is encouraged to liberalize its information and communications technology sector in order to fully benefit from financial inclusion initiatives. In addition, SADC should consider embracing international financial monitoring standards so that it does not fall behind the inevitable integration of the financial sectors.

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“…The government closely controlled access to photocopiers and printing machines, and all purchases of paper in bulk required a permit. Censorship of foreign mail was routine (34) . No sphere of information was immune, however distant from immediate political concerns; censors attempted not only to suppress material but also to mold all information at its source.…”

Section: The Organizational Structure Of the Polish Mediamentioning

confidence: 99%

Organizational structure of the news organizations; worldwide view

Hany

2019

المجلة العربیة لبحوث الاعلام والاتصال

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b) Economical environment: *Greece c) Journalistic environment: *Russia a) Political environment: *Tunisia The Tunisian Republic, its capital is Tunis with a population of 10.7 million. Area 164,150 sq km (63,378 sq miles) Its major languages Arabic (official), French, major religion Islam (1). Historical background: Home of the ancient city of Carthage, Tunisia was once an important player in the Mediterranean, thanks to its location in the centre of North Africa, close to vital shipping routes. The Romans, Arabs, Ottoman Turks and French realized its strategic significance, making it a hub for control over the region. French colonial rule ended in 1956, and Tunisia was led for three decades by Habib Bourguiba, who advanced secular ideas, foremost of which was the emancipation of women. Mass protests unseated President Ben Ali in 2011-the first of a series of popular uprisings to sweep the region (2). (4) 2019-‫يونيو‬ / ‫ابريل‬) 25 (‫العدد‬-‫واالتصال‬ ‫االعالم‬ ‫لبحوث‬ ‫العربية‬ ‫املجلة‬ 36 The country's transition has been relatively peaceful, but secular Tunisians, especially women, are worried about the growing influence of ultra-conservative Islamists. And there is a mounting challenge posed by Islamist militants who claimed responsibility for attacks in 2015 in which 60 people were killed, most of them foreigners (3). According to the constitution of 1959, Tunisia is an Islamic republic, although since independence it has been a thoroughly secular state. The president, who is chief of state, must be a Muslim and a Tunisian citizen, born of a Tunisian father and grandfather, and at least 40 years old. He serves a five-year term. The president enjoys extensive powers, initiating and directing state policy and appointing judges, provincial governors, the mayor of Tunis, and other high officials, the cabinet, headed by a prime minister, varies in size and is under presidential domination. POLITICAL PARTIES The Constitutional Democratic Rally (RCD) dominates the country's political life. Its leader from its founding as the Neo-Destour Party in 1934 to 1987 was Habib Bourguiba (5) .

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Global Financial Development Report 2014:Financial Inclusion

Cited by 231 publications

References 0 publications

Financial Management Practices Among Micro Enterprises and their Implications for Loan Repayment: A Case of Solidarity Group Lending of DCB Commercial Bank in Dar es Salaam

Financial Management Practices Among Micro Enterprises and their Implications for Loan Repayment: A Case of Solidarity Group Lending of DCB Commercial Bank in Dar es Salaam

The Co-Integrating Relationship Between Financial Inclusion and Economic Growth in the Southern African Development Community

Organizational structure of the news organizations; worldwide view

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