Funds Transfer: Boon or Bane to the Viability of Rural Financial Intermediaries
Mario B. Lamberte, Julius P. Relampagos
Abstract
Mario B. Lamberte, Julius P. Relampagos
Abstract
Institutional credit set up by the government may not necessarily be the major source of funds in the rural areas. In addition, there may be enough funds to support production and to sustain employment if financial resources are not rained. These insights are just few of authors’ findings in this paper. It suggests that addressing the problem of rural financial drain can open up the opportunities to pursue rural development without eroding the national budget
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Institutional credit set up by the government may not necessarily be the major source of funds in the rural areas. In addition, there may be enough funds to support production and to sustain employment if financial resources are not rained. These insights are just few of authors’ findings in this paper. It suggests that addressing the problem of rural financial drain can open up the opportunities to pursue rural development without eroding the national budget
Key concepts: Financial intermediary, Intermediary, Business, Government (linguistics), Finance, Rural development, Financial system, Economics