World Bank2016-06-222016-06-222015-12https://hdl.handle.net/10986/24582Mali is a vast, land-locked country in West Africa with a population of approximately 14.9 million, and a GDP per capita of USD480. The economy is largely rural, with over two-thirds of the population living off agriculture, notably cotton. Gold is the country’s largest export, though production has been declining and the industry faces an uncertain future as proven reserves are limited. The service sector, which represents 40 percent of GDP, is dominated by trade and commerce. Mali’s dependence on crops and gold makes it vulnerable to terms of trade shocks. Industry, which employs just 3 percent of the active population, consists largely of small-scale food processing and textile plants. The overwhelming majority of the population (over 90 percent) works in the informal sector. The FSAP Development Module focused on: i) the banking sector and legal framework (credit to the economy); ii) microfinance; iii) agricultural finance; iv) insurance; and v) housing finance2. The mission carried out in-depth assessments on each topic and provided recommendations aiming at mitigating financial vulnerabilities and supporting the development of the financial sector (i.e. development the credit to the economy while insuring financial stability).en-USCC BY 3.0 IGOFINANCIAL SERVICESBORROWERECONOMIC GROWTHWAREHOUSEDEPOSITSAGRICULTURAL DEVELOPMENT BANKFINANCINGDIRECT FINANCINGINTERESTGOVERNMENT FUNDINGPRIVATE SECTOR LOANSAVINGS ACCOUNTSPRIVATE CREDITREMITTANCEWAREHOUSE RECEIPTSINSURANCE SERVICESBANKING SERVICESTAX EXEMPTENTREPRENEURSMULTINATIONALCAPITAL ADEQUACYCAPACITY BUILDINGLOANBORROWERSSAVINGS PRODUCTPAYMENTSINFORMATION SYSTEMSLARGE BORROWERSMFISSMALL FARMERSWAREHOUSE RECEIPT SYSTEMSLOAN PAYMENTTECHNICAL ASSISTANCEHOUSING FINANCEFINANCIAL INSTITUTIONCOMMERCIAL BANKDEBTSFINANCESCREDIT RISKSFINANCIAL INSTITUTIONSPAYMENTDEBTCAPITAL MARKETWAREHOUSE RECEIPTTAX-EXEMPT STATUSFINANCING NEEDSFARMERSENTERPRISESBANK FINANCINGPOOR CREDITTERM CREDITDONOR SUPPORTLONG-TERM FUNDINGSHORT-TERM DEPOSITSPRIVATE FUNDINGBANKSDEPOSITORSMOVABLE COLLATERALCAPITALBUSINESS PLANCUSTOMER BASERURAL BUSINESSESACCESS TO FINANCEBANKMICROINSURANCESMALLHOLDERLOAN GUARANTEESMICROFINANCE LOANSHOUSEHOLDEXTERNAL FUNDSCREDIT INFORMATIONSMALLHOLDER FARMERSDEPOSIT MOBILIZATIONSECURITIESSOLVENCYFINANCIAL INFRASTRUCTUREPOSTAL SAVINGSCREDIT RISKPROFITABILITYMICROFINANCEECONOMIC DEVELOPMENTFINANCIAL SECTOR ASSESSMENTSUPPLY CHAINSREGISTRATION SYSTEMCOMMERCIAL BANKSACCESS LEVELSHOUSEHOLDSMORTGAGE LOANSINTERNAL FUNDSLOAN SIZELOAN DEFAULTTAX-EXEMPTLOAN AMOUNTSEARNINGSGREATER ACCESSCHAMBER OF COMMERCEACCESS POINTSTERMS OF LOANFEESEQUIPMENT LOANSREMITTANCESCREDIT HISTORYCOOPERATIVECREDIT LINESDEVELOPMENT BANKDEPOSITORCREDIT ASSOCIATIONSEMPLOYEESMFIMICROFINANCE INSTITUTIONCREDIT PRODUCTSLINE OF CREDITDEPOSITPRIVATE SECTOR LENDERSRECEIPTTRADE CREDITPEOPLEAGRICULTURAL CREDITRURAL BORROWERSVILLAGEFARMEROUTSTANDING LOANLOAN-TO-DEPOSIT RATIOGUARANTEESPRIVATIZATIONINTEREST RATEBANK ACCOUNTRECEIPT SYSTEMMORTGAGEMORTGAGE LENDINGSUBSIDYCREDIT PORTFOLIOCREDIT INSTITUTIONCREDITORNEW BUSINESSFINANCIAL POLICYMICROFINANCE INSTITUTIONSBANK LENDINGACCESS TO BANKINGACCESS TO FINANCIAL SERVICESMORTGAGESSAVINGSEXPORT EARNINGSINTERNAL “FUNDSUNIONACCESS TO INSURANCEINTEREST RATESDEPOSIT ACCOUNTSLIMITED ACCESSRECEIPTSFINANCIAL PRODUCTSLENDERSLOANSFINANCIAL HEALTHREGULAR PAYMENTSREAL ESTATEFINANCEGOVERNMENT SECURITIESINVENTORY CREDITCREDIT INFORMATION BUREAUFAMILYRECEIPT SYSTEMSCREDITDEBT COLLECTIONBOND MARKETWORKING CAPITALAGRICULTURAL SECTORREPAYMENTPROPERTYPROPERTIESBALANCE SHEETINSURANCE PREMIUMFINANCIAL ANALYSISACCESS TO BANKING SERVICESLEGAL TITLEEMPLOYERSCREDIT BUREAUUMBRELLA ORGANIZATIONTAX EXEMPT STATUSBANK ACCOUNTSCREDIT FLOWSACCESS TO CREDITINTERESTSSMALL FARMERFIXED ASSETSWAREHOUSE RECEIPT SYSTEMSECURITYINVESTMENTCREDIT INFORMATION SYSTEMSLOAN PORTFOLIOSBALANCE SHEETSCOLLATERALMICRO-FINANCEPAYMENT SERVICESBORROWINGSCOOPERATIONNET WORTHCOOPERATIVESREVENUEBORROWINGINVESTMENTSAGRICULTURAL FINANCERISK MANAGEMENTTECHNICAL SUPPORTMORTGAGE PRODUCTLACK OF INFORMATIONWOMENOUTSTANDING LOANSBANK BRANCHESCOMMERCIAL FARMINGINSURANCE PENETRATIONMORTGAGE MARKETGUARANTEECONSUMER PROTECTIONSAVINGS BANKReportWorld Bank10.1596/24582