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Title Tabula Rasa? Conceptions of Microfinance in Juba, Sudan (Synopsis of Research Results)
Full text https://escholarship.org/uc/item/7s690357; https://escholarship.org/content/qt7s690357/qt7s690357.pdf
Date 2010
Author(s) Morgan, Crystal Murphy
Abstract Final Report/Synopsis of Research ResultsOne of the biggest challenges for economic development practitioners to surmount in Juba is that of currency exchange related to cross-border transactions. Because there is so little (albeit rapidly developing) infrastructure, everything from food to building materials must be imported from neighboring countries. Business people incur losses in each transaction, currency exchange, and cash transfer. These are important issues for microfinance institutions to think critically about. Microfinance institutions should consider disbursing loans in different currencies based on the needs of their clients. At this point, they are unable due to the limits of the central bank's monitoring, international monetary standards, and changing flows of desired currencies. Therefore, the onus of these transfers and projected losses in exchange is on the clients.
Subject(s) Juba; South Sudan; microfinance institutions (MFIs); refugees; foreign exchange; microcredit; M-Pesa
Publisher eScholarship, University of California
Type of publication article
Format application/pdf
Rights CC-BY-NC
Identifier qt7s690357
Repository Berkeley - University of California
Added to C-A: 2024-10-30;11:28:22