Role of bank and financial institutions in rural development​

Banks play a crucial role in rural capital formation. Banks collect the dispersed savings of rural people through different deposit schemes. Then distribute loans to them for starting a productive as well as any other self-sufficient economic activity.

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swahili is an extremely rich and complex civilization, a set of ethnic groups articulated by a language and a series of cultural elements that fuse the african traditions, islam and indian culture. this growth was largely a result of the indian ocean trading network that brought in not just man-made riches, but also religious ideas, specifically islam, which had a significant impact on the local culture. furthermore, the development of the swahili language gave a common cultural unity to the people.