Financial literacy

Financial literacy

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The global financial crisis has intensified the problems of over-indebtedness, especially for the poor. In this context, the microfinance industry is giving more attention to building their customers' financial capabilities, designing products that respond to their needs and preferences, and ensuring their protection as consumers.Recent research linking financial education to behavior changes among low- income microfinance clients in Bolivia and Sri Lanka provides ... The core topics are budgeting, saving, managing debt, negotiating financial transactions, and using bank services. ... Evaluation in Ahmedabad, Gujarat (Institute for Financial Management and Research (IFMR) Centre for Micro Finance, Chennai, India: 2009).

Title:Financial literacy
Author:Monique Cohen
Publisher:Intl Food Policy Res Inst - 2009-12-01


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