Anticipating a leap-frog in development through financial inclusion

Anticipating a leap-frog in development through financial inclusion

July 8, 2015 - 13:46 -- admin

U Chit Po is 49 years old and runs a grocery store in Myanmar. He is responsible for his wife and two
children. He recently had a major health scare and would like to retire soon, given his health
problems. He has no health insurance, as there is no license for the health insurance market in
Myanmar. His income consists of profit from the grocery store and the balance of his income is from
interest on loans to others, which he lends at 20% interest per day. 

FinScope
Country: 
Practice Area: 
Inclusive Finance
Document Date: 
Jul. 08, 2015
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