The Development of Credit Unions and Their Role in Tackling Financial Exclusion
Posted: 26 Jan 2007
The government has been actively encouraging the development of credit unions to help the financially excluded. However, rather than stimulating credit union development, government grants can erode the community self-help ethos on which credit unions are founded. Policies should be formulated which encourage credit union development based on a membership drawn from a cross-section of the population.
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