Informal micro-finance schemes: the case of funeral insurance in South Africa

Jimmy. Roth

ILO Working Papers from International Labour Organization

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.

Keywords: microfinance; funeral grant; insurance; low income.; cost; access to credit.; informal economy; mutual benefit society.; statistical table; microfinance; frais d'obsèques; assurances; faible revenu; coût; accès au crédit; économie informelle; mutualité; tableau statistique; microfinanciamiento; gastos funerarios; seguros; bajos ingresos; costo; acceso a créditos; economía informal; mutualidad; cuadros estadísticos (search for similar items in EconPapers)
Pages: 55 pages
Date: 2000
References: View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Published in Working paper series, Employment sector.

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Persistent link: https://EconPapers.repec.org/RePEc:ilo:ilowps:993448913402676

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