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Making it Easier for Women in Malawi to Formalize their Firms and Access Financial Services

Research Note
Published on 10 July 2015

Abstract

In contexts where formalization of firms and access to financial services is low, research shows that combining business registration with an information session at a bank including the offer of a business bank account leads to increased usage of financial services by entrepreneurs.

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Informality

Most low- and middle-income countries are characterised by a large informal sector, which implies that a substantial fraction of economic activity in these countries is completely unregulated.

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