Expanding Access to Savings-led Financial Services in Bhutan - A successful South-South Technical Partnership

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Title
Expanding Access to Savings-led Financial Services in Bhutan - A successful South-South Technical Partnership
Author
Ann Duval
Year
2014
Abstract
This is a case study of The MicroLead project, Expanding Access to Savings-Led Financial Services in Bhutan, which has served as a catalyst for increasing financial inclusion in Bhutan. From project inception through 2013, The Bhutan Development Bank Limited (BDBL) has increased the number of depositors eightfold to more than 85,000 and doubled the number of borrowers to more than 38,000. Through a combination of factors—the right kind of external financing, appropriate technical assistance, and the receptiveness of BDBL staff and management—this project demonstrates that positive change is possible even in challenging circumstances.
Keywords/Access Points
gross national happiness; Druk Yul; Land of the Thunder Dragon; equitable development; equal socio-economic development; cultural preservation; spiritual heritage; environmental conservation; good governance;
Geographic Locations
  • Bhutan
Language
  • English
Special Collections
  • Knowledge Exchange Resources
Archival Record ID
MFA.2024.1555