…The great challenge before us is to address the constraints that exclude people from full participation in the financial sector.”  BIS Review 59/2008  1  I couldn’t agree more and this is the challenge before us. A financial system that serves only a minority of a country’s people is biased and unacceptable.
All inclusive financial system that provides access for the majority is the central goal of the development of our financial system as envisaged by Vision 2030. The government, as envisaged in Vision 2030, will strengthen alternative financial service providers including MFIs and SACCOs, among others, to play a major role in savings mobilization and wealth creation, thus contributing to poverty reduction and economic growth.