TITLE:
Characteristics of Unbanked Households in the Republic of Congo
AUTHORS:
Christelle Inès Leticia Ndombi Ondze, Geslin William Ondaye, Esther Victorie Ngakoli
KEYWORDS:
Unbanked Household, Banking, Households, Binomial Logit Model
JOURNAL NAME:
Theoretical Economics Letters,
Vol.12 No.1,
January
19,
2022
ABSTRACT: The objective of this article is to highlight the characteristics of
unbanked households in the Republic of Congo. Starting from the Binomial Logit
model based on data from the survey
conducted by the National Credit Council (2015), the results show that
age, gender, marital status, average income, holding an account with mobile
money services, socio-professional category, type of employer are categories whose characteristics help define the profile of
unbanked households in the Republic of Congo. Based on the results
obtained, we can define the profile of an unbanked household in the Republic of
Congo as follows: the unbanked Congolese
household is most likely female, under 35 years of age, unmarried, does not
have an account with mobile money services, is not a manager, works in the
public sector and has an average income of less than 150,000 CFA francs. We recommend the public authorities to expand the
device "payment of wages by bank account" to the private sector.