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SA Microfinance Market Analysis Abstract



South Africa’s unbanked population increased in 2018 due to several corporate restructuring initiatives, layoffs and retrenchments which are set to continue in the immediate future. Consequently, up to a third of the population rely on microfinance products and lines of credit to sustain their

livelihoods and cover necessities such as Food/emergency (47%), transport (11%), building /renovating/buying house (11%), Bills (9%), giving to family member (6%), education (9%), to buy motor vehicle (7%).

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Use Birguid’s South African Microfinance Market Analysis to answer the following questions:

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