Rotating Saving and Credit Associations in Rural East Africa

Theoretical arguments suggest that rotating savings and credit associations (ROSCAs) improve welfare by reducing the utility cost of saving for a consumer durable. Data from two communities in East Africa reveal major differences in the incidence of ROSCAs participation arising, conjecturally, from...

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Veröffentlicht in:	World development 1999-07, Vol.27 (7), p.1299-1308
1. Verfasser:	Kimuyu, Peter Kiko
Format:	Artikel
Sprache:	eng
Schlagworte:	Assets Cost control Credit Durable goods East Africa Economic development Expenditures Market penetration Participation Rural life Savings & loan associations Savings banks Securities markets Small and medium sized enterprises Studies Welfare
Online-Zugang:	Volltext
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