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The Dark Side of Financial Inclusion: Financial services companies in South Africa are monetizing financial illiteracy
The recently released findings of the 2013 FinScope survey highlight a significant increase in adoption of formal financial products in South Africa. On the face of it, this is good news - access to these products can help people live more financially secure and sustainable lives. But a closer look at the data reveals a more disturbing picture.
- Categories
- Education
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Tweeting to Better Financial Products : What USAID learned in its pilot project to harness real-time data to improve entrepreneur loans.
To gain a better understanding of the digital footprint of loan beneficiaries, USAID interviewed a small sample group about their usage of various digital tools, and asked them about the terms they use when talking about accessing loans.
he agency then used those terms and keywords to build filters to monitor social media chatter about financial inclusion, and deployed monitors through Twitter and Google search trends.- Categories
- Technology
