Financial inclusion is a hot topic: many countries have now set targets for 100% inclusion by 2025. This is an ambitious target, but phone mobile technology in particular creates the potential for much more rapid inclusion than in the past.
This guide identifies avenues for inclusion which will best include the poorest people – linking savings groups and social protection systems with formal financial services, developing weather-indexed insurance, and extending the coverage of mobile based financial services. It is these changes which will best enhance the resilience of the poorest people to economic and other shocks.
Authors: William Smith, Lucy Scott and Andrew Shepherd
Click here to download the Financial Inclusion Policy Guide: Enhanced Resilience through Savings and Insurance via Linkages and Digital Technology [download via Orangedox]
Click here to download the Policy Brief: Financial Inclusion in Nigeria [download via Orangedox]