Women entrepreneurship and village savings: a developing world perspective

What is it about?

A universal intermediation banking ideology emphasizing bank–manager relationships is less applicable to women's entrepreneurship in the developing world. Instead, a village savings model embedded in local, cultural, and social systems provides a genuine pathway towards access to start-up capital and everyday entrepreneurship investments in women’s entrepreneurship. Village savings cannot be dismissed as a remnant of past experiences that will come to pass as economies modernize, but must be considered equally effective as formal banking services within their respective contexts.

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