Owing to difficulties in accessing formal sources of credit, poor individuals and small and macro enterprises usually rely on their personal savings or internal sources to invest in health, education, housing, and entrepreneurial activities to make use of growth opportunities.
Thank you for the kind invitation to respond to the three papers that have just been presented today. I also take this opportunity to thank all the authors of the paper for their efforts in preparing their papers and also to Professor Biman’s Team for the excellent arrangements for this event.