This report by Banking on Change partners Barclays, CARE International and Plan UK examines the barriers to financial inclusion in developing countries. It also looks at the potential boost to the global economy that large-scale financial inclusion represents, estimating that developing countries could receive a yearly savings boost of up to $145bn if the 2.5 billion adults worldwide who are ‘unbanked’ participate in savings-led microfinance. The report also calls for financial inclusion to be a key part of the post-2015 development agenda.
Banking on Change: Breaking the Barriers to Financial inclusion
- Published: January 2013