The DOI matches its Crossref record; 12 of the 12 references it cites were found in a registry or an index.
From financial exclusion to financial inclusion through microfinance: the case of rural Zimbabwe
Open accessAbstract
This paper sought to shed light on the status of rural banking and financial exclusion in Zimbabwe. Various reasons put forth by existing commercial banks were examined to understand why a large population of the country remains unbanked. These ranged from perceptions of the rural communities being too poor to need financial services to real economic and business decisions. Various literature on banking the poor and success stories from other countries were discussed in the literature. To meet the objectives of the study, data gathered from various individuals, commercial banks and microfinance institutions based in Matabeleland North was analysed. It was found that the rural population is in fact largely bankable. However, due to inadequate basic infrastructure in the rural areas, it did not make business sense for established banks to service that population. Banks exist to make a profit and the burden of ensuring financial inclusion of the rural population was left mainly to microfinance institutions which however faced a serious of challenges ranging.
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In the citing paper
“It is also a region with low levels of financial inclusion, where only 43% of adults have a bank account.”
From Financial Inclusion and Economic Growth in Sub-Saharan Africa—A Panel ARDL and Granger Non-Causality Approach (2023) · cites this paper as Makoni 2014
In the citing paper
“This indicates that a large number of adults in the SSA region do not have access to financial services, implying a high level of financial exclusion (Makoni 2014; Demirgüç-Kunt et al. 2018).”
From Financial Inclusion and Economic Growth in Sub-Saharan Africa—A Panel ARDL and Granger Non-Causality Approach (2023) · cites this paper as Makoni 2014
Citations
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Seibel, H. D. (2003) · Enterprise Development and Microfinance · doi:10.3362/0957-1329.2003.031 · Cited by 14
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Cited by
Causality between Financial Inclusion, Financial Stability and Economic Growth in Sub-Saharan Africa
Jima, M. D., & Makoni, P. L. (2023) · Sustainability · doi:10.3390/su15021152 · Cited by 54
Self-citationAchugamonu, B. U., Adetiloye, K. A., Adegbite, E. O., Babajide, A. A., & Akintola, A. F. (2020) · Cogent Social Sciences · doi:10.1080/23311886.2020.1730046 · Cited by 42
Jima, M. D., & Makoni, P. L. (2023) · Journal of Risk and Financial Management · doi:10.3390/jrfm16060299 · Cited by 39
“This indicates that a large number of adults in the SSA region do not have access to financial services, implying a high level of financial exclusion (Makoni 2014; Demirgüç-Kunt et al. 2018).”
BackgroundSelf-citationLiu, Q., Wang, M., Wang, Q., & Wei, D. (2025) · Agriculture · doi:10.3390/agriculture15090954 · Cited by 8
Effects of financial inclusion on financial stability: evidence from SSA countries
Damane, M., & Ho, S. (2026) · International Economics and Economic Policy · doi:10.1007/s10368-026-00719-6 · Cited by 6
Metadata
- Authors
- Makoni, P. L.
- Corresponding author
- Makoni, Patricia Lindelwa
- Venue
- Corporate Ownership and Control
- Publisher
- Virtus Interpress
- Published
- 2014
- Volume
- 11
- Issue
- 4
- Pages
- 447-455
- ISSN
- 1727-9232 (ISSN-L)
- 1810-3057
- OpenAlex
- W2585980558
- Cited by
- 11
- References
- 12
- Citations by year
- 2026: 2 · 2025: 2 · 2024: 2 · 2023: 4 · 2020: 1
- FWCI
- 0.00
- Type
- journal article
- Language
- en
- Open access
- hybrid
- doi.org
- Licence
- Locations
- Corporate Ownership and Control (publishedVersion, cc-by-nc)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Microfinance and Financial Inclusion
- Social Sciences › Economics, Econometrics and Finance › Finance › Banking stability, regulation, efficiency
- Social Sciences › Business, Management and Accounting › Business and International Management › Innovation and Socioeconomic Development
- Keywords
- financial exclusion, financial inclusion, microfinance, rural banking, unbanked populations, microfinance institutions, commercial banks, rural infrastructure, Matabeleland North, Zimbabwe
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Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
