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Categories / Poverty

Financial Services for the Poor

Are Bank Accounts a Key to Happiness?

The benefits of having a bank account are well documented. People with accounts are better able to start businesses. Women who get paid into an account spend more money on their children's health and education.

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More "Poverty" Posts

Are Bank Accounts a Key to Happiness?

The benefits of having a bank account are well documented. People with accounts are better able to start businesses. Women who get paid into an account spend more money on their children's health and education.

Full Blog Post

Details

Libraries Improving Lives of Displaced Populations

Addressing needs of IDPs and refugees in places where no public library exists in the vicinity, a French-based charity Libraries Without Borders has designed “Ideas Box” – a highly mobile information toolkit reminding a modern library packed into several large boxes.

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When Homelessness Becomes an Emergency

The encampments and tent cities that are now familiar parts of our urban landscape aren’t eyesores to ignore, but reminders of one of the greatest inequities in what we want to believe is a land of opportunity.

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Three Experts Look into the Future of Digital Finance

Digital technology is rapidly changing the way we design and offer financial products. Consumers who were unreachable by brick-and-mortar banks can now access formal financial services quickly and cheaply through their mobile phones or prepaid cards.

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Addressing Competition Bottlenecks in Digital Financial Ecosystems

Despite some early success, the mobile money industry’s future remains unclear as many markets remain slow to ignite. Starting mobile money operations for either a Mobile Network Operator (MNO) or a bank is expensive, complex, and relatively high risk.

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