The $100 Trillion Opportunity: The Race To Provide Banking To The World’s Poor
Posted on AllSides October 2nd, 2019
From The Center
Two years ago, Amylene Dingle lived with her husband and 7-year-old daughter in Payatas, an impoverished Manila neighborhood with the largest open dump site in the Philippines. Her husband worked on the security staff in a government building, earning 4,000 pesos a week, the equivalent of $80. She had always wanted to start a business, but she was unemployed, had no money saved, no credit history and couldn’t get a credit card or a bank loan.
Dingle’s fortunes took a dramatic turn after she responded to a Facebook ad for...
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