Unbanked: Making Financial Services Available to All

Unbanked: Making Financial Services Available to All

Assessment

Interactive Video

Business

University

Hard

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The video discusses the significant opportunity and need for financial inclusion, particularly for the underbanked in the United States. It highlights the market potential of serving this demographic, with a focus on the role of technology in creating efficient financial services. The discussion includes different approaches to addressing the needs of the underbanked, emphasizing a visionary approach that balances profit with social impact.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the relationship between financial inclusion and economic mobility?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the cost of being poor create a market opportunity?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential benefits of addressing the needs of the underbanked population?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What distinguishes the missionary camp from the mercenary camp in addressing the underbanked?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can technology improve financial services for the underbanked?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

How can alternative lending solutions, like those offered by Progressive Financiero, benefit borrowers?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes have occurred in the perception of the underbanked over the past decade?

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