Village Bankers : The Experience of Fandene (Senegal)
The experience of the locally-created credit, and savings institution in Fandene, Senegal, is shared in this note. Its structure grew essentially out of local responses to the problems of drought, and diminished farm fertility throughout central Se...
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World Bank, Washington, DC
2012
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Online Access: | http://documents.worldbank.org/curated/en/1999/03/1675505/village-bankers-experience-fandene-senegal http://hdl.handle.net/10986/10832 |
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okr-10986-108322021-06-14T11:03:54Z Village Bankers : The Experience of Fandene (Senegal) Easton, Peter ACCESS TO CREDIT SAVINGS & LOAN ASSOCIATIONS LOCAL ASSOCIATIONS HISTORY SOURCES RELIGION & CULTURE ACCESS TO EDUCATION ECONOMIC DIVERSIFICATION NATURAL RESOURCE MANAGEMENT INSTITUTION BUILDING GOVERNANCE CAPACITY WOMEN'S ORGANIZATIONS MARKETING MANAGEMENT TECHNICAL CAPABILITIES OF THE COMMUNITY POVERTY MITIGATION ACCOUNTING AGRICULTURE ARI COWPEAS ETHNIC GROUPS FARMERS FARMING FORESTS IDENTITY INNOVATION LIVESTOCK LIVESTOCK DEVELOPMENT LOAN LOAN ADMINISTRATION LOAN APPLICATIONS NATURAL RESOURCE BASE SAVINGS SMALL LOANS SPONSOR TECHNICAL ASSISTANCE The experience of the locally-created credit, and savings institution in Fandene, Senegal, is shared in this note. Its structure grew essentially out of local responses to the problems of drought, and diminished farm fertility throughout central Senegal, and, it is the product of historical interactions: the largely Christian community shares resources with the neighboring valley, and river beds of Islamic communities of different ethnic groups. The "Association des Jeunes de Fandene" (AJF), or the Fandene Young People's Association, was created in 1972, concentrating initially in sponsoring cultural events, which lead to educated young people to constitute a group of "modern" peasantry. This effort later evolved into initiatives to diversify the local economy, and improve the natural resource base. But these efforts were hampered by inadequate access to credit, and resources to implement development. The AJF looked at resolving the bottleneck of credit, and eventually created local savings and loan committees, to support economic innovations. Most impressive were the institution-building results, sharing governance of their activities, and resources, where both women, and men's branches exercise equal weight. Moreover, marketing arrangements have been developed with other peasant federations, and, technical teams created, to support emerging needs in nearby poor neighborhoods. 2012-08-13T13:14:03Z 2012-08-13T13:14:03Z 1999-03 http://documents.worldbank.org/curated/en/1999/03/1675505/village-bankers-experience-fandene-senegal http://hdl.handle.net/10986/10832 English Indigenous Knowledge (IK) Notes; No. 6 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Africa Senegal |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
ACCESS TO CREDIT SAVINGS & LOAN ASSOCIATIONS LOCAL ASSOCIATIONS HISTORY SOURCES RELIGION & CULTURE ACCESS TO EDUCATION ECONOMIC DIVERSIFICATION NATURAL RESOURCE MANAGEMENT INSTITUTION BUILDING GOVERNANCE CAPACITY WOMEN'S ORGANIZATIONS MARKETING MANAGEMENT TECHNICAL CAPABILITIES OF THE COMMUNITY POVERTY MITIGATION ACCOUNTING AGRICULTURE ARI COWPEAS ETHNIC GROUPS FARMERS FARMING FORESTS IDENTITY INNOVATION LIVESTOCK LIVESTOCK DEVELOPMENT LOAN LOAN ADMINISTRATION LOAN APPLICATIONS NATURAL RESOURCE BASE SAVINGS SMALL LOANS SPONSOR TECHNICAL ASSISTANCE |
spellingShingle |
ACCESS TO CREDIT SAVINGS & LOAN ASSOCIATIONS LOCAL ASSOCIATIONS HISTORY SOURCES RELIGION & CULTURE ACCESS TO EDUCATION ECONOMIC DIVERSIFICATION NATURAL RESOURCE MANAGEMENT INSTITUTION BUILDING GOVERNANCE CAPACITY WOMEN'S ORGANIZATIONS MARKETING MANAGEMENT TECHNICAL CAPABILITIES OF THE COMMUNITY POVERTY MITIGATION ACCOUNTING AGRICULTURE ARI COWPEAS ETHNIC GROUPS FARMERS FARMING FORESTS IDENTITY INNOVATION LIVESTOCK LIVESTOCK DEVELOPMENT LOAN LOAN ADMINISTRATION LOAN APPLICATIONS NATURAL RESOURCE BASE SAVINGS SMALL LOANS SPONSOR TECHNICAL ASSISTANCE Easton, Peter Village Bankers : The Experience of Fandene (Senegal) |
geographic_facet |
Africa Senegal |
relation |
Indigenous Knowledge (IK) Notes; No. 6 |
description |
The experience of the locally-created
credit, and savings institution in Fandene, Senegal, is
shared in this note. Its structure grew essentially out of
local responses to the problems of drought, and diminished
farm fertility throughout central Senegal, and, it is the
product of historical interactions: the largely Christian
community shares resources with the neighboring valley, and
river beds of Islamic communities of different ethnic
groups. The "Association des Jeunes de Fandene"
(AJF), or the Fandene Young People's Association, was
created in 1972, concentrating initially in sponsoring
cultural events, which lead to educated young people to
constitute a group of "modern" peasantry. This
effort later evolved into initiatives to diversify the local
economy, and improve the natural resource base. But these
efforts were hampered by inadequate access to credit, and
resources to implement development. The AJF looked at
resolving the bottleneck of credit, and eventually created
local savings and loan committees, to support economic
innovations. Most impressive were the institution-building
results, sharing governance of their activities, and
resources, where both women, and men's branches
exercise equal weight. Moreover, marketing arrangements have
been developed with other peasant federations, and,
technical teams created, to support emerging needs in nearby
poor neighborhoods. |
format |
Publications & Research :: Brief |
author |
Easton, Peter |
author_facet |
Easton, Peter |
author_sort |
Easton, Peter |
title |
Village Bankers : The Experience of Fandene (Senegal) |
title_short |
Village Bankers : The Experience of Fandene (Senegal) |
title_full |
Village Bankers : The Experience of Fandene (Senegal) |
title_fullStr |
Village Bankers : The Experience of Fandene (Senegal) |
title_full_unstemmed |
Village Bankers : The Experience of Fandene (Senegal) |
title_sort |
village bankers : the experience of fandene (senegal) |
publisher |
World Bank, Washington, DC |
publishDate |
2012 |
url |
http://documents.worldbank.org/curated/en/1999/03/1675505/village-bankers-experience-fandene-senegal http://hdl.handle.net/10986/10832 |
_version_ |
1764414539599708160 |