Developing rural credit schemes
Description
Developing rural credit schemes involves establishing accessible and affordable financial services tailored to the needs of rural populations, particularly smallholder farmers and micro-entrepreneurs. The core action is to provide credit facilities, such as low-interest loans and flexible repayment options, to overcome barriers like lack of collateral and limited banking infrastructure. This strategy aims to stimulate rural economic activity, reduce poverty, and empower communities by enabling investment in agriculture, small businesses, and essential services.
Broader
Narrower
Value
SDG
Metadata
Database
Global strategies
Type
(D) Detailed strategies
Subject
Content quality
Yet to rate
Language
English
1A4N
J4403
DOCID
12044030
D7NID
200667
Editing link
Official link
Last update
Dec 3, 2024