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Reaching Rural Areas with Financial Services: Lessons from Financial Cooperatives in Brazil, Burkina Faso, Kenya, and Sri Lanka

Jan 01, 2007 | R. Kloeppinger-Todd, A. Nair | The World Bank
This collection of case studies shows that financial cooperatives (FCs) can provide financial services in developing rural areas and still be profitable. FCs with a high level of integration among themselves and with their federations appear to provide a broader range of financial services and have better operational systems. Finally, the case studies reinforce that FCs operate more smoothly under prudential regulation and financial supervision.