1.1 Current Unmet Financial Service Needs of Households
Most respondents felt that emergency loans, and loans with low payment
installments and life insurance were important to daily life. But only a small group of
respondents (less than 50 percent) have adequate access to such services. This was
particularly true for low-income households because they: cannot meet borrower’s
qualifications, were insufficiently informed, received complicated conditions attached
to loans, and did not have enough collateral.