Claim the financial inclusion of vulnerable people

About The Book

The Financial Inclusion Project has reported some progress although in some areas inclusion is slow to take off. Many countries are well on the way to achieving some of the inclusion goals particularly in Asian countries where rates have risen from 5% in 1990 to around 50% in 2010 but large regions are still far from achieving this. in Sub-Saharan Africa where nearly 90% of the population is still excluded from the financial system. The Millennium Development Goals (MDGs) have not played a very strong role in supporting activities related to financial inclusion policies and shaping their content. The question of an approach to understanding and achieving an inclusive financial sector in Africa that is systematically based on globally recognized objectives is not sufficiently popularized. The glaring observation is that the guidance documents emanating from the development strategies of financial institutions sometimes do not take the MDGs into account. Yet world leaders have pledged to achieve the internationally recognized MDGs.
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