Professional Documents
Culture Documents
Micro Finance in Africa
Micro Finance in Africa
Henri
Tejas
Clementine
Ella
Pierre
Eleonore
Paul
Haoying
COUNTRIES IN FOCUS
• South Africa
• Nigeria
• Senegal
COMPARSION OF COUNTRIES
COMPARIONS
Class Group A Group B • First bullet point here
Class 1 82 95 • Second bullet point here
Class 2 76 88 • Third bullet point here
Class 3 84 90
TWO CONTENT LAYOUT
WITH SMARTART
• First bullet point here
• Second bullet point here Group • Task 1
• Third bullet point here A • Task 2
Group • Task 1
B • Task 2
Group • Task 1
C • Task 2
SOUTH AFRICA • A brief overview of financial sector in South Africa :
• https://www.brandsouthafrica.com/governance/south-
africas-financial-sector
PROBLEMS
1) High unemployment in local African
community
2) Micro-credit industries didn’t create large
number of jobs nor raised income levels
3) Dramatic fall in the average income in
informal economy during (1997-2003)
4) Large availability of micro credit insitutitions
leading to softening of prices
5) White elite lenders became richer thus
plunging native africans into misery
https://mg.co.za/article/2015-12-29-
microcredit-a-principle-cause-of-poverty-in-sa
CURRENT SCENARIO
1) Govt plans to use this avenue to alleviate poverty
2) Microfinance industry in South Africa is estimated
to be R50 billion
3) Spriral debt of poor due to high cost of credit
4) Private equities imbalance the notion of
allieviateing the poor
http://www.mondaq.com/southafrica/x/274240/Micr
ofinance+And+Poverty+Alleviation+In+South+Africa
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