Suchergebnisse

As the nuclear family threatens to follow the extended family toward extinction, a small Caribbean grassroots support organization is showing how villages can form, in the middle of a city, to raise children. (Grassroots Dev/DÜI)

Using what it learned from 20 years of listening carefully to the poor, an NGO is educating the nation and being heard throughout the Caribbean

AbstractThis study investigates the relationship between financial literacy and farmers' awareness of digital credit in rural Madagascar. We apply questions that demonstrate individuals' understanding of the four fundamental concepts for financial decision making: numeracy, interest compounding, inflation and risk diversification to measure farmers' financial literacy. We find that financial literacy has a positive and statistically significant effect on farmers' awareness of digital credit. Our study highlights the importance of financial literacy for increasing farmers' awareness of digital credit in rural areas of Madagascar and supports the widely held view that financial literacy is crucial for individuals' awareness of financial products.