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on Microfinance |
| By: | Patrick-Hervé Mbouombouo Mfossa (CCAM - Centre Congolais Allemand de Microfinance - UPC - Université protestante au Congo) |
| Abstract: | Relying on the 2017 Cameroon Finscope Consumer survey dataset, the goal of this working paper is to conceptualize households' adoption of financial resilience strategies to adverse shocks as a multi-step process and investigate the key factors that influence the transition from one step to another as well as the role of mobile money in each of these transitions |
| Abstract: | En s'appuyant sur les données de l'enquête Finscope 2017 auprès des consommateurs camerounais, l'objectif de ce document de travail est de conceptualiser l'adoption par les ménages de stratégies de résilience financière face à des chocs défavorables comme un processus à plusieurs étapes et d'étudier les facteurs clés qui influencent la transition d'une étape à l'autre ainsi que le rôle du mobile money dans chacune de ces transitions. |
| Keywords: | Multi-step process,Financial resilience strategies,Fiancial inclusion,Mobile money,Stratégies de résilience financière,Processus à plusieurs étapes,Inclusion financière |
| Date: | 2022–03–19 |
| URL: | http://d.repec.org/n?u=RePEc:hal:wpaper:hal-03614064&r= |
| By: | Phon Sophat (National Bank of Cambodia); Bun Phany (Khemerak University) |
| Abstract: | The impacts of loan on livelihoods' households such as incomes, consumptions, education and their assets in Cambodia are very important to finger out. The AMK data is employed in the year 2007, 2012, 2013 and 2014 which is determined and surveyed entire 18 provinces of Cambodia by research department. The empirical findings to meet the objectives of this study by using Ordinary Least Squares regression (OLS), Fixed Effect model(FE) and Random Effect model(RE). Fixed Effect model is most appropriate tool to use and it suggests that most households using AMK loans increased their livelihoods and incomes. Casual impacts of loan show that other loan get worse off in terms of education expenditures while AMK loans improve the education of the households. Furthermore, loans impact positively on the health expenditures. This increases around 1.03% of health expenditures. AMK loan improves the households' educations around 12.39% across the years. Clients of AMK can foster the households' incomes by 4% due to the regression result. In term of assets, AMK loan improves positively to the total land usage. Most of AMK clients have lesser educational levels than non-clients shown in this survey. Households like to use two loan sources respectively while their incomes have extremely limited. To prove more details, Cambodian households usually use the loan in non-productive business such as wedding expenditures, funeral expenditures, dwelling expenditures and other make-up tools which do not earn much incomes for their livelihoods. |
| Keywords: | Cambodia,Financial Inclusion,JEL CODE: O16,L31 Micro-credits,MFIs and Over-indebtedness |
| Date: | 2022–03–25 |
| URL: | http://d.repec.org/n?u=RePEc:hal:wpaper:hal-03538199&r= |
| By: | Bert Van Roosebeke (International Association of Deposit Insurers); Ryan Defina (International Association of Deposit Insurers); Paul Manga (Kenya Deposit Insurance Corporation) |
| Abstract: | E-money is widespread in Kenya, especially through MPESA, a form of e-money stored on mobile phones and issued by Safaricom, a mobile network operator (MNO). Integration between the MPESA platform and the traditional banking system is increasing. Given the very high use-grade of MPESA throughout the population, it has reached critical importance in Kenya. In Kenya, e-money issuers must back their e-value with bank balances at commercial banks (float), through trust accounts. Deposit insurance does not cover a default of the e-money issuer. However, the Kenya Deposit Insurance Corporation aims at offering pass-through coverage in case of a default of the deposit-taking commercial bank holding the trust accounts. Pass-through coverage is confronted with a number of challenges, including regarding data on the identity of e-money users and their balances held. Also, the critical importance of MPESA raises questions as to how to deal with a potential default of the MNO and the role of deposit insurance in such a scenario. Looking forward, there is merit in further coordination amongst safety net participants as well as in the management of trust accounts and the strengthening of data-availability requirements to e-money issuers. |
| Keywords: | deposit insurance, bank resolution |
| JEL: | G21 G33 |
| Date: | 2021–12 |
| URL: | http://d.repec.org/n?u=RePEc:awl:finbri:6&r= |