Designing Financial Services for the Poor

TheAInstitute for Money, Tecnhology and Financial Inclusion has generated a list of Design Principles for Financial Services for the Poor, drawn from a cohort of 20+ research projects they are running around the world:

-Design for social obligation
-Design for social rank
-Flexibility with sanctions
-Structured illiquidity
-Change the iconography, design with local values
-Design for convertibility
-Calculate convertibility
-Design for relative volume, not increment
-Lucky Numbers
-Tranches and Tiers
-Design for Cyclical Events

Download the principlesAhere.

The IMTFI is funded, in part by the Bill & Melinda Gates Foundation and in 2010 is set to more than double the number of projects around the globe.

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Posted: March 1st, 2010
at 6:32pm by Koookiecrumbles


Categories: business,development

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