Showing Tag: " poverty" (Show all posts)

Targeting the Ultra Poor: can the poorest be reached by microfinance? - Video with Morduch discussing pilot initiatives for reaching the ultra poor

Posted by Editor C on Thursday, August 19, 2010, In : Guest Blogger 
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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60 Million US Residents are Without a Bank Accounts.

Posted by Ana M on Saturday, December 5, 2009, In : Must read 
Did you know that 25% of the US population doesn't have a bank account to begin with? This is a rather surprising and sad story from Ylan Q. Mui to the Washington Post... One-quarter of American households -- about 60 million people -- have limited or no access to banks or other traditional financial services, with low-income and black families among the hardest hit, according to a government report released Wednesday.
http://www.washingtonpost.com/wp-dyn/content/article/2009/12/02/AR20091202...
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