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Implications of Giving Financial Access to 1.7 Billion Unbanked to Global Economy

https://www.AssetStream.co. It is now a generally accepted principle that having a society with huge inequalities is not good for anyone including businesses. But how to give access to 2 Billion? 1.7 Billion Adults Globally Need P2P Microfinancing. Blockchain Ensures High Yields With Controllable Risk. Token Sale Starts May 27th. Join Now. https://www.AssetStream.co

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Implications of Giving Financial Access to 1.7 Billion Unbanked to Global Economy

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  1. Implications of Giving Financial Access to 1.7 Billion Unbanked to Global Economy AssetStream.co

  2. Up until the turn of the century, financial institutions did not see value in serving those at the bottom of the economic pyramid. They couldn’t see how these people could translate into meaningful profits. Join Microfinance Revolution AssetStream.co

  3. In an African town in the 1990s, teachers used to queue outside a government office to receive their salary. A friend decided to create a bank account. The bank manager denied his request after glancing at him. Join Microfinance Revolution AssetStream.co

  4. Giving scruffy looking customers first class service is now a badge of honor many financial institutions in the developing world wear with pride. There is now a concerted effort to bring the unbanked population of about 1.7 billion around the globe into the financial system. Join Microfinance Revolution AssetStream.co

  5. A move towards social justice entrepreneurship Governments, businesses, financial entrepreneurs, investors, and innovators are keen on creating a society that is based on the ideas of equality, solidarity, and dignity for each and every human being. Join Microfinance Revolution AssetStream.co

  6. There is also the realization that ignoring the poor comes back to bite corporations and businesses in the form of high taxes needed to take care of them. Join Microfinance Revolution AssetStream.co

  7. Entrepreneur Joe Selvaggio has described this situation aptly in the following words: “We are not in the Dark Ages where we let the poor starve on the streets… governments give the poor income security, health benefits and many kinds of ‘wealth distribution’ benefits.” Join Microfinance Revolution AssetStream.co

  8. New technologies make it easy to reach the unbanked Mobile phone coverage and internet connectivity improve financial inclusion. AssetStream using technologies such as blockchain, AI and IoT make it even easier. Join Microfinance Revolution AssetStream.co

  9. AssetStream does not incur capital and overhead costs to serve the rural poor. In the 1990s, the cost of setting up and running these centers of service could never be recouped. AssetStream provides all the tools that anyone from around the globe can use to provide microcredits to borrowers from everywhere. Join Microfinance Revolution AssetStream.co

  10. It’s obvious that growing with customers is profitable Many entrepreneurs realize that the poor and unbanked need to have a basic human right for receiving credits, loans, and other financial services. Giving poor credit means that they can establish and grow businesses that would eventually be a source of significant revenues. Join Microfinance Revolution AssetStream.co

  11. Former president of the World Bank Group, Jim Yong Kim, argues that investing in poor countries results in a stable society, which in turn translates to more economic growth and more value for entrepreneurship. “We can end extreme poverty in our lifetimes if we promote economic growth that includes everyone” Join Microfinance Revolution AssetStream.co

  12. Be a part of the community investing in the unbanked If you’re waiting for the best time to get into investing in the unbanked population, that time is now. Join AssetStream to be part of this revolutionizing platform. Join Microfinance Revolution AssetStream.co

  13. 1.7 Billion Adults Globally Need P2P Microfinancing 1AST = 0.01 USD Token Sale Starts May 27th Powered by Stellar High Yields With Controllable Risk On the Blockchain Join Now AssetStream.co

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