00:00:00
the impact is particularly pronounced in
00:00:01
lower income regions especially in
00:00:03
subsaharan Africa and parts of South
00:00:05
Asia but it's not unique to those
00:00:07
regions what's special for those regions
00:00:09
is that these areas have often faced
00:00:11
severe institutional voids and there's
00:00:13
been a lack of credit infrastructure and
00:00:15
physical Bank branches and for those
00:00:17
reasons that is where there's been a
00:00:19
great unmet demand for financial
00:00:21
services our research found that mobile
00:00:23
money platforms can significantly
00:00:25
increase access to Credit in these
00:00:27
regions especially among individuals who
00:00:30
have not historically had great access
00:00:32
to credit like women low-income
00:00:34
individuals and those with limited
00:00:35
education
00:00:36
[Music]
