Informal micro-finance schemes : the case of funeral insurance in South Africa
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Informal micro-finance schemes : the case of funeral insurance in South Africa

Social Finance Working Paper No. 22

Type: Working paper
Date issued: 01 March 2000
Reference: 92-2-112279-4[ISBN]
Authors: Jimmy Roth ; International Labour Office, Employment Sector, Social Finance Unit.
Based on a study carried out in the Grahamstown township, examines means available for obtaining the cash required to finance a funeral. Compares and evaluates four types of funeral insurance providers: formal assistance insurers, formal friendly societies and informal non-profit and for-profit insurers. Explores reasons why consumers prefer informal insurers and draws lessons for the formal insurance sector.

Tag: low income, microfinance

Regions and countries covered: South Africa

Unit responsible: Employment

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