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Visa working with partners in Africa, SE Asia, Latin America to improve women's access to banking & help fight poverty
Author: Dave Armon, 3BL Media (USA), Published on: 10 March 2015
"Plight of the Unbanked Women in Emerging Markets is Focus of Visa", 5 Mar 2015
...2.5 billion people are still unbanked [globally]...Douglas Sabo, vice president and head of global corporate philanthropy and responsibility for Visa, said the credit card giant is focused on the detrimental impact to women when they do not have access to banking services...“[Women] are the ones who have to figure out how to make the daily financial transactions work—when money is coming in from a microloan, a government subsidy, when money needs to go out to put food on the table, to pay for school fees, to fix a roof,” Sabo [said]... Visa is working with partners in Ghana, Nigeria, Uganda, Southeast Asia and Latin America to find innovative ways to bring secure credit and banking technology to underserved populations, focusing on women, said Sabo...
Related companies: Visa Inc.