Artikel

Farmers' awareness of digital credit: Does financial literacy matter?

This study investigates the relationship between financial literacy and farmers' awareness of digital credit in rural Madagascar. We apply questions that demonstrate individuals' understanding of the four fundamental concepts for financial decision making: numeracy, interest compounding, inflation and risk diversification to measure farmers' financial literacy. We find that financial literacy has a positive and statistically significant effect on farmers' awareness of digital credit. Our study highlights the importance of financial literacy for increasing farmers' awareness of digital credit in rural areas of Madagascar and supports the widely held view that financial literacy is crucial for individuals' awareness of financial products.

Sprache
Englisch

Erschienen in
Journal: Journal of International Development ; ISSN: 1099-1328 ; Volume: 35 ; Year: 2023 ; Issue: 8 ; Pages: 2299-2317 ; Hoboken, NJ: Wiley

Klassifikation
Sozialwissenschaften, Soziologie, Anthropologie
Thema
awareness of financial products
digital credit
financial literacy
Madagascar
smallholder farmers

Ereignis
Geistige Schöpfung
(wer)
Sarfo, Yaw
Musshoff, Oliver
Weber, Ron
Ereignis
Veröffentlichung
(wer)
Wiley
(wo)
Hoboken, NJ
(wann)
2023

DOI
doi:10.1002/jid.3774
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Sarfo, Yaw
  • Musshoff, Oliver
  • Weber, Ron
  • Wiley

Entstanden

  • 2023

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