Top Banner

Click here to load reader

PERSPECTIVES Savings Banks in India, Mexico, Tanzania and ... 56.pdf · PDF file Tanzania country report: Tanzania Postal Bank (TPB) 53 A. Overview 53 B. Summary indicators of TPB’s

Jul 25, 2020

ReportDownload

Documents

others

  • WHO ARE THE CLIENTS OF SAVINGS BANKS?

    A Poverty Assessment of the Clients reached by Savings Banks in India, Mexico, Tanzania and Thailand

    PE R

    SP EC

    TI V

    ES 56

    April 2008

  • WHO ARE THE CLIENTS OF SAVINGS BANKS?

    A Poverty Assessment of the Clients reached by Savings Banks in India, Mexico, Tanzania and Thailand

    A study commissioned by the Consultative Group to Assist the Poor (CGAP) and conducted by WSBI, in cooperation with Oxford Policy Management (OPM).

    By Stephen Peachey

  • 4

  • WHO ARE THE CLIENTS OF SAVINGS BANKS?

    A Poverty Assessment of the Clients reached by Savings Banks in India, Mexico, Tanzania and Thailand

    Table of Contents

    Foreword 7

    1. Executive summary 9 A. Significant depth of outreach 9 B. Active product use 11 C. Direct distribution and the right incentives are crucial 12 D. Conclusions 12

    2. Overview report 15 A. Preface 15 B. Framing the survey 16 C. Key findings 18

    Significant Outreach 18 Direct distribution is crucial 20 Clients’ gender structure 20 Socioeconomic reach varies by location 21 Product use varies by socioeconomic type 22 Methodology 22 Use of accounts 24

    D. Conclusion 26

    3. Country reports 27 A. Preface 27

    India country report: National Savings Institute (NSI) 29 A. Overview 29 B. Summary indicators of NSI’s outreach 30 C. Detailed results of the survey at sample site level 31 D. Grossing-up to estimate national outreach 35 E. Differences in activity rates by poverty band 37 F. Possible specific reasons for the NSI client profile 38 G. Conclusions 40

    5

  • Mexico country report: Banco Nacional de Ahorro y Servicios Financieros - BANSEFI 41 A. Overview 41 B. Summary indicators of Bansefi’s outreach 42 C. Detailed results of the survey at sample site level 43 D. Grossing-up to estimate national outreach 47 E. Differences in activity rates by poverty band 49 F. Conclusions 52

    Tanzania country report: Tanzania Postal Bank (TPB) 53 A. Overview 53 B. Summary indicators of TPB’s outreach 54 C. Detailed results of the survey at sample site level 55 D. Grossing-up to estimate national outreach 58 E. Differences in activity rates by poverty band 60 F. Conclusions 62

    Thailand country report: Government Savings Bank (GSB) 63 A. Overview 63 B. Summary indicators of GSB and Peoples Bank outreach 65 C. Detailed results of the survey at sample site level 66 D. Grossing-up to estimate national outreach 68 E. Differences in activity rates by poverty band 70 F. Conclusions 72

    6

  • 77

    I am happy to present a new building block in the series of studies in the field of Access to Finance and Microfinance published by WSBI in the Perspectives series.1

    The study you are about to read demonstrates that savings banks are very large providers of financial services in all socio-economic segments, even the very poor. This means that savings banks hold great potential for delivering accessible financial services for all.

    Another important lesson for all practitioners active in access to finance and microfinance is that direct distribution combined with the right set of incentives is a crucial factor behind pro-poor outreach.

    These findings contribute to WSBI’s efforts in raising awareness on the special role savings banks fulfil in delivering accessible financial services in their countries. In view of their outreach savings banks hold a great potential for the continuous expansion of access to finance worldwide.

    Chris De Noose WSBI Managing Director

    FOREWORD

    1 Perspectives 47: The provision of Microfinance services by Savings Banks: selected experiences from Africa, Asia and Latin America Perspectives 49: Access to Finance – What does it mean and how do savings banks foster acces. Perspectives 50: Microcredit in Europe – The Experience of the Savings Banks Perspectives 52: Savings Banks and the Double Bottom-line: a profitable and accessible model of finance.

  • 88

  • 9

    The World Savings Banks Institute (WSBI), in cooperation with Oxford Policy Management (OPM), conducted a study commissioned by CGAP to analyze the poverty level of clients reached by savings banks worldwide. The study examined how well savings banks reached clients at different poverty levels and how different clients use financial products. Four savings banks from India, Mexico, Tanzania, and Thailand were selected. Client surveys included a broad set of questions about each household situation based on CGAP’s Poverty Assessment Tool (PAT).2

    A. Significant depth of outreach

    The four savings banks are large providers of financial services in their countries, and they each have significant outreach among the poorest households. They actually have a larger outreach among the poorest households than most other pro-poor institutions in their countries. For example, although only 13% of NSI (India) clients are among the poorest households, this percentage represents six million poor households.

    Each of the savings banks surveyed serve more women than men from the poorest households, even when they tend to have more male clients overall. The surveys also revealed a significant rural outreach that matches the rural share of the respective country’s population as a whole.

    1. EXECUTIVE SUMMARY

    2. More information about CGAP’s PAT can be found at “Assessing the Relative Poverty of Microfinance Clients: A CGAP Operational Tool” http://www.cgap.org/portal/binary/com.epicentric.contentmanagement.servlet. ContentDeliveryServlet/Documents/TechnicalTool_05_overview.pdf

  • 10

    N am

    e N

    SI Ba

    ns ef

    i TP

    B G

    SB N

    at io

    na l S

    av in

    gs In

    st itu

    te Ba

    nc o

    de l A

    ho rro

    N ac

    io na

    l Ta

    nz an

    ia P

    os ta

    l B an

    k G

    ov er

    nm en

    t S av

    in gs

    B an

    k y

    Se rv

    ici os

    F in

    an cie

    ro s

    Co un

    tr y

    In di

    a M

    ex ico

    Ta nz

    an ia

    Th ai

    la nd

    Ty pe

    a nd

    s er

    vi ce

    s G

    ov er

    nm en

    t s av

    in gs

    -o nl

    y St

    an d-

    al on

    e ba

    nk w

    ith o

    w n

    Po st

    al s

    av in

    gs b

    an k

    of fe

    rin g

    Fu ll-

    se rv

    ice re

    ta il

    ba nk

    w ith

    o w

    n pr

    ov id

    ed sc

    he m

    e of

    te n

    ac ce

    ss ed

    br an

    ch n

    et w

    or k,

    of fe

    rin g

    sa vi

    ng s,

    pa ym

    en ts

    ,a nd

    s m

    al l

    br an

    ch n

    et w

    or k,

    of fe

    rin g

    sa vi

    ng s,

    th ro

    ug h

    po st

    -o ffi

    ce s

    sa vi

    ng s

    an d

    pa ym

    en t s

    er vi

    ce s

    sc al

    e cr

    ed its

    th ro

    ug h

    its o

    w n

    pa ym

    en ts

    ,a nd

    fu ll

    ra ng

    e of

    c re

    di t,

    bu t n

    o cr

    ed it

    br an

    ch es

    a nd

    p os

    t-o ffi

    ce s

    in clu

    di ng

    m icr

    oc re

    di t

    N um

    be r o

    f 55

    m ill

    io n

    4 m

    ill io

    n 1

    m ill

    io n

    36 m

    ill io

    n Ac

    co un

    ts (1

    fo r e

    ve ry

    1 6

    ad ul

    ts )

    (1 fo

    r e ve

    ry 1

    7 ad

    ul ts

    ) (1

    fo r e

    ve ry

    2 0

    ad ul

    ts )

    (2 fo

    r e ve

    ry 3

    a du

    lts )

    N um

    be r o

    f L oa

    ns N

    on e

    N on

    e <

    10 ,0

    00 1.

    4 m

    ill io

    n

    N um

    be r o

    f O ut

    le ts

    N o

    br an

    ch es

    50 6

    ow n

    br an

    ch es

    a nd

    21

    o w

    n br

    an ch

    es 60

    0 ow

    n br

    an ch

    es 15

    0, 00

    0 po

    st o

    ffi ce

    s lin

    ks to

    lo ca

    l C aj

    as 10

    5 po

    st o

    ffi ce

    s

    Cl ie

    nt s

    - 50

    m ill

    io n

    ad ul

    ts -

    2. 7

    m ill

    io n

    ad ul

    ts -

    1. 5

    m ill

    io n

    ad ul

    ts -

    14 m

    ill io

    n to

    ta l a

    du lts

    -

    6 m

    ill io

    n in

    p oo

    re st

    th ird

    - 0.

    9 m

    ill io

    n in

    p oo

    re st

    th ird

    - 0.

    2 m

    ill io

    n in

    p oo

    re st

    th ird

    - 4.

    5 m

    ill io

    n in

    p oo

    re st

    th ird

    Ta b

    le 1

    : S u

    m m

    ar y

    p ro

    fi le

    s o

    f th

    e p

    ar ti

    ci p

    at in

Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.