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Reaching Informal Savings Groups with Formal Financial Products: A Study’s Unexpected Findings Reveal the Challenges of Digitizing Transactions

James Militzer

Formalizing the financial activities of savings groups and other informal savings mechanisms (ISMs) has long been a priority in the financial inclusion world. Why are member-to-group and group-to-member (digital) interactions so low? Further Questions for Digitizing Informal Savings Group Transactions.