Fighting Poverty, Profitably - Transforming the Economics of Payments to build Sustainable, Inclusive Financial Systems

Reducing poverty and improving equity
Sep 25, 2013 | Gates Foundation’s Financial Services for the Poor program

For most of the 2.5 billion people living on under $2 per day, sav­ing money is difficult, and credit is available only at very high rates, if at all. The Gates Foundation’s Financial Services for the Poor program (FSP) explains how increasing the access of the poor to high quality, affordable financial services accelerates the well-being of households, communities, and economies in the developing world. One of the most promising ways to deliver these financial services to the poor - profitably and at scale - is by using digital payment platforms. This report compares traditional and digital payment systems in more than 30 countries, including China, India, Kenya, Nigeria, the Netherlands and the United States.
http://docs.gatesfoundation.org/Documents/Fighting Poverty Profitably Full Report.pdf
 

print button Print
Related Articles:

Popular Articles

Poverty as a Wicked Problem

The belief that poverty can be prevented by identifying and dealing with its causes, and the...  Read More

Is Mars Ours?

Jun 13, 2021 | The New Yorker, Adam Mann

NASA and China having landed mobile rovers on the surface of Mars has raised the question of...  Read More

Think Local and Act Global - A Conversation with GGF 2030 fellow Cara Stauß

Nov 15, 2018 | Global Policy,

World affairs, diplomacy and trade are no longer solely the domain of nation-states, as cities...  Read More

Global Extreme Poverty

According to household surveys, 44 percent of the global population lived in absolute...  Read More

Popular Videos

A Message from Alan Doss, President of the Kofi Annan Foundation

Highlights from the G20 Think Tank Summit GLOBAL SOLUTIONS in Berlin

Happy Birthday Kofi Annan!

T20 Summit GLOBAL SOLUTIONS – Sean Cleary

Global Trends, Risks and Rewards — Where Are We Now, Where Are We Going?