Policy Principles for Expanding Financial Access
Despite the rapid growth in finance worldwide over the past quarter- centuryâ€”now interrupted by the global financial crisisâ€”many low-income households and small firms remain excluded from access to many financial services, especially in developing countries. While traditionally seen by many financial-service providers (FSPs) as less attractive customers, a growing number of mainstream FSPs have joined micro finance firms in extending the range of their service provision, and important advances have been made in expanding access.
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