Economic Community of West African States, ECOWAS,African Solidarity Fund (FSA),African Union
21-01-2019
Work Detail
Expression Of Interest Are Invited For Micro Finance Institutions Operating In Burkina Deadline 21 Jan 19Posted 04 Jan 191 Cotexte Of The Call For ApplicationsFinancial Inclusion Is Now A Priority Instrument In The Agendas Of Development Issues At The Level Of Governments And Their Technical And Financial Partners It Is Now Recognized As A Tool To Accelerate The Transformation Of Economies Especially Those Of The Least Developed Countries By The Inclusion Of People Excluded From The Banking System As Evidenced By The Maya Declaration A 2003 Study In Some Rural Areas Showed That A 1 Increase In The Number Of Rural Bank Branches Led To A 0 34 Drop In Poverty And 0 55 Increase In Agricultural Output In The Area Covered By The Survey As Access To Finance Allowed Poor People To Diversify Their Activities Outside Agriculture Unfortunately With The Considerable Efforts Made Over The Last 30 Years The Majority Of The Population In Developing Countries Is Still Excluded From The Financial System In 2014 According To The World Banks Database On Global Land Integration Findex Almost 64 Of The Adult Population In Developing Countries Is Excluded From The Banking System Only 16 Of Adults In The Poorest Two Quintiles The Poorest 40 Of Low Income Countries Have An Account In A Formal Financial Institution Compared To 86 Of Adults In The Poorest Two Quintiles In The World High Income
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