Reaching Informal Savings Groups with Formal Financial Products: A Study’s Unexpected Findings Reveal the Challenges of Digitizing Transactions
James Militzer
MARCH 25, 2022
SatF had assumed that when FSPs formalized these group savings, it would lead ISM users to open individual accounts with these providers, to facilitate digital group-to-member (G2M) and member-to-group (M2G) transactions. I’ll explore these findings, and their implications for efforts to digitize savings groups, in the article below.
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