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Table 5-Proportion of rural financial institutions (RFIs) and country RFI systems that are unifunctional,<br />

semi-multifunctional, and multifunctional, by region and income group<br />

Regiun/Income Group<br />

Percent of Countries Where<br />

Number of Formal RFI System Is Percent of RFls That Are<br />

Countries<br />

Covered<br />

Unifunctional <br />

Semimultifunctional <br />

Multifunctional <br />

Unifunctional <br />

Semimultifunctional <br />

Multifunctional<br />

StbSaharan Africa<br />

Low-income countries 18 89 11 0 64 36 0<br />

Middle-income cointries 14 43 57 0 58 40 2<br />

Asia<br />

Low-incofin colunties 9 11 788 11 23 71 6<br />

Middle-income countries 5 ( 60 40 17 47 36<br />

(2) (0) (0) (100) (0) (9) (91)<br />

[31 [0] [100] [0] [26] [69] [5]<br />

High-iniome country 1 0 0 100 0 12 88<br />

Near LEst and Mediternnean Basin<br />

lov inoIe coutltries 2 0 100 0 12 88 0<br />

Middle-incomne countries 8 0 62 38 39 44 17<br />

High-inconie coluntries 1 0 100 0 60 40 0<br />

North America<br />

High-income counirN 1 0 0 1() 20 40 40<br />

Lat'i, America and the Caribbean<br />

Low-income countries 3 33 67 0 36 55 9<br />

Middle-inconte couniries 27 19 81 0 32 68 0<br />

Sources: Asian Productivity Organization 1984, 1985, 1988; Brake et al. 1971, Philippines. Bureau of Cooperat;ves Development 1979; Thailand<br />

C(xpratives Promotion Department 1979; B. Ni. Desai 1986b, 1989; Desai, Gupta, and Singh 1988; Desai and Namboodiri 1991; Donald 1976;<br />

Egaitsu 1988b; FAO 1973, 1974a, 1974h, 1975, 1976; Hossain 1988; Hussi and Abbott 1975; Hyun, Adams, and Hushak 1979; Jodha 1974; C. Y.<br />

Lee 1983; 1). H. Lee 1984; Lee, Bohije, and Nelson 1980; Machima 1976; Matsuhiro 1988: Meyer, Baker. and Onchon 1979; Mohnan 1986;<br />

Murray 1961; NENARGA 1987; Rana 1973; Korea, Republic of, NACF various years; Singh 1970; Tashiro 1984; Central Union of Agricultural<br />

Cooperatives 1971, 1980a, 1980b; and Norinchukin Bank 1985.<br />

Notes: Numbers in parentheses are for Taiwan and the Republic of Korea combined. Numbers in brackets are for Malaysia, the Philippines, and Thailand<br />

combined. Income groups of countries are based on real national income.

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