Citizens at the bottom of the economic pyramid in China lack even the most basic means to save for their children’s education, make purchases on credit, protect their homes through insurance, and send and receive money.
Financial exclusion prevents many of them from realizing their potential and improving their livelihoods.
How can better financial services be designed to meet their needs? With the support of the Institute of Money, Technology, and Financial Inclusion at the University of California at Irvine, Reboot undertook a study to understand the daily lives of China’s marginalized and answer this question.
Pantha Lee of Reboot writes about her IMTFI-funded research on China's informal financial sector at the Center for Financial Inclusion's blog.
Reboot's work is making waves, and has been featured recently on both Tech in Asia and the World Policy Journal's blog.
The thoughtful and visually stunning Reboot report will be launched with a public event on Thursday, February 28th in New York City.