The Microfinance Market of Cameroon - Analyzing Trends and Current Development
2012; RELX Group (Netherlands); Linguagem: Inglês
10.2139/ssrn.2007912
ISSN1556-5068
Autores Tópico(s)FinTech, Crowdfunding, Digital Finance
ResumoThe microfinance market recorded double digit growth in 2011. The microfinance market of Cameroon registered an impressive double digit growth in 2011. Thanks to ongoing expansionary and aggressive market penetration measures adopted by major players, CAMCCUL, CCA and MC2, growing customers and members confidence in the 1st Trust and CCA brand and swift response made by major stakeholders following the collapse of COFINEST to regain customers and members confidence. Major players such as MC2, launched more than eight new units that fully went operational, while CAMCCUL registered more than 10 new units.
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