EPRU - N - Poverty Alleviation in Rural Namibia Through Improved Access to Financial Services
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Total Pages | : 0 |
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ISBN-10 | : OCLC:1374800449 |
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Rating | : 4/5 (49 Downloads) |
Book excerpt: It gives the percentage of the population living below the poverty 1 The poverty gap is defined as the sum of the difference between the poverty line and the actual income levels of all people living below that line (Todaro, 2000). [...] This is often attributed to the exploitation of the poor due to the lack of market information or the ability to use available information to increase their own incomes. [...] The Importance of Access to Financial Services Evidence has shown that the provision of financial services in a stable political environment and enabling macro economy is an important component of any effort to improve the livelihoods of the poor in any society. [...] The MTI mainly supports small entrepreneurs through the supply of public capital in the short-term with the intention that private financial service providers will enter the market segment in the long-term. [...] Poverty Alleviation in Rural Namibia through Improved Access to Financial Services 20 The codes used to represent the different levels of the usage of the financial products listed in the paragraph above were modified from those used in the 2003 FinScope survey to enable the utilisation of the statistical technique chosen to obtain the results that are analysed in the next section.