Dispatches from around the world.

Portfolio Spotlight: Proximity Finance in Myanmar

Portfolio Spotlight: Proximity Finance in Myanmar

Myanmar remains the poorest country in South-East Asia, with an average income of US$3.5 per day and 26% of the population living under the poverty line. More than half of the 52 million inhabitants work in the agriculture sector, and agriculture provides some form of livelihood to over 70% of the population. Myanmar ranks 145 out of 188 countries on the UN Human Development Index. In terms of financial inclusion, less than 30% of the population...

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