African Indigenous Financial Institutions

Engaging with financial services amidst conflict, this book utilizes Liberia and the Democratic Republic of the Congo as case studies to analyze informal financial strategies and their evolution during turmoil. Through rigorous regression analyses, it reveals that conflict significantly influences demand for credit and savings, overshadowing the performance of financial institutions. The study highlights the critical role of networks and family, emphasizing their impact not only on individual lives but also on broader post-war recovery outcomes.