Is Financial Inclusion Working in Africa? A Provocative Look into Financial Inclusion through the South African Example
Not so long ago the international development community felt it had found an answer to Africa's long-standing poverty problem: the microcredit model. Many microcredit programs were launched in the 1990s with the aim of reducing poverty by promoting a local microenterprise development trajectory that would transform Africa 'from below'.
The following post was originally published on the Center for Financial Inclusion Blog