Type | Working Paper - Social Finance Working Paper |
Title | Informal micro-finance schemes : The case of funeral insurance in South Africa |
Author(s) | |
Issue | 22 |
Publication (Day/Month/Year) | 2002 |
URL | http://www.ilo.org/employment/Whatwedo/Publications/WCMS_117996/lang--en/index.htm |
Abstract | Based on a study carried out in the Grahamstown township, examines means available for obtaining the cash required to finance a funeral. Compares and evaluates four types of funeral insurance providers: formal assistance insurers, formal friendly societies and informal non-profit and for-profit insurers. Explores reasons why consumers prefer informal insurers and draws lessons for the formal insurance sector. \n |