Courtesy of FAI
Can
the poorest be reached with finance? “Ultra poor” members of society
face a series of constraints and deprivations that distinguish them
from the general poor. Limited social networks, chronic malnutrition,
and reliance on patronage systems characterize a socioeconomic class
that is hard to “bank.” Research now indicates that most microfinance
institutions serve poor and lower-income customers, but not the
poorest. A new FAI Framing Note
on “Targeting the ...
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