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Friction and Flow: How innovation can put relevance back into formal savings
Do you realize to what extent formal savings services are irrelevant to many of the world’s poor?Ignacio Mas explores the challenges of making savings products both relevant and simple, in a thought-provoking addition to NextBillion Financial Innovation’s opening series.
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Saving Themselves: Why young people are asking for better savings services
The importance of savings to financial inclusion is well-established - at least for adults. But the conversation about youth savings is marked by skepticism about young people’s ability to save, compounded by the fact that many of them are not (or shouldn’t be) working. Rani Deshpande, director of Save the Children’s YouthSave project, discusses why youth savings must be a priority, and how the financial inclusion community can help.
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