Mobile financial services are cornering the market

Mobile money means more nimble financial services. KAUSAR PARVEEN, of Chakwal district in the north of Pakistan’s Punjab province, is a star beneficiary of the work of Karandaaz, a Pakistani financial-inclusion charity. The owner of just one buffalo, she borrowed 75,000 rupees (about $650) to buy another one and started selling milk. The business has done so well she now … https://econ.st/2HLe1jM

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