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why are kenyan market not well developed
Cow are sold and bought i markets for Christmas on Kenya
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Like all countries, Kenya uses a variety of paper money and metal coins. A sample of kenyan paper money can be found on http://atsnotes.com/catalog/kenya/kenya.html
Central Bank has facilitated the development of these markets by providing a conducive atmosphere for setting up financial institutions which avail long finance on long term basis such as building societies and Mortgauge houses. Longterm finances available in the capital markets are relatively cheaper. There is less misuse of funds from capital markets as they are available in form of fixed assets Easy access as goodwill of the borrower may not be neccessary and securities may not be needed.
why are kenyan market not well developed
Cow are sold and bought i markets for Christmas on Kenya
1. Poverty levels are high in Kenya 2. Ignorance among the citizens 3. The central bank favours capital markets rather than money markets. 4. The costs of borrowing are high hence few people borrow 5. There are superstitons about the money markets among the people. Eg many believe that loans are evil
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kenyas characteristics are well there are two types physical and human characteristics.
There are a variety of geographic characteristics in Kenya. Some o these include mountains, plains, the savannah, tropical beaches, and the highlands.
Kenya uses Shillings
Consumer characteristics are used to segment markets into workable groups
The official currency is the Kenya Shilling.
Like all countries, Kenya uses a variety of paper money and metal coins. A sample of kenyan paper money can be found on http://atsnotes.com/catalog/kenya/kenya.html
Banks ARE the money markets. They are hardly likely to eliminate themselves.
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