Boosting youth entrepreneurship through informal credit in Benin

Error message

You are accessing PEP using an unencrypted connection. For your security, PEP only supports account logins using a secure protocol such as HTTPS. You can switch to HTTPS by trying to view this page again after changing the URL in your browser's location bar to begin with "https" instead of "http". Please contact site admin for help if this error continues.

A lack of public sector employment opportunities in Benin is pushing youth into self-employment (under 20% are in wage employment). However, lack of credit to start or grow a business is one of the main obstacles facing Benin’s young entrepreneurs. Despite the Government of Benin implementing measure to promote entrepreneurship, financial inclusion remains low and formal finance options are not accessible to everyone. A team of local PEP researchers found that access to credit, whether from formal or informal sources, plays an important role in the performance of small-scale youth enterprises in Benin. In particular, credit from informal and family sources is more important to their performance than credit from formal sources for relatively small (in terms of sales) youth enterprises and start-ups.
Find out more about the research methods, findings and policy recommendations in the following PEP publications:

Country: 
Benin
Project code: 
20272

Partners

  •  
  •  

Funded by

  •  
  •  
  •  
  •