Informal Insurance Arrangements in Ethiopia: A Literature Review
Various researches on informal financial sector presented its potential to achieve financial inclusion among low-income households. Apart from social networking, the informal financial sector will likely continue to be important in developing countries as well as among immigrants in developed cou...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Asian Scholars Network
2021
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/93757/1/93757_Informal%20Insurance%20Arrangements%20in%20Ethiopia.pdf http://irep.iium.edu.my/93757/ https://myjms.mohe.gov.my/index.php/ajrbm/article/view/16065 |
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| Institution: | Universiti Islam Antarabangsa Malaysia |
| Language: | English |
| Summary: | Various researches on informal financial sector presented its potential to achieve
financial inclusion among low-income households. Apart from social networking, the informal
financial sector will likely continue to be important in developing countries as well as among
immigrants in developed countries in terms of financial access and support. Among the
informal financial mechanisms, informal insurance arrangements are popular in developing
countries whose beneficiaries include mainly low-income households. This article presents the
general overview of informal insurance arrangements, mainly the Ethiopian iddir in Ethiopian
communities and to explore whether these arrangements can complement with formal
insurance services. |
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