Last month, CGAP hosted an international virtual conference on multiple borrowing and over-indebtedness. The conference generated a list of potential solutions to the problem — which did not include the delivery of safe, flexible savings services.
Why is no one acknowledging how important it is to offer quality savings accounts to poor people to reduce overindebtedness? Is it that some people at the forum genuinely have no idea what it would be like to have to pay for: their children’s primary education (more…)
