LibraryScenariosWhy traditional money transfer systems trap low-income families
Scenario

Why traditional money transfer systems trap low-income families

Everyone in my family sends money through Western Union but the fees eat up almost $100 every month and I know there has to be a better way but I don't know how to find it.

Zera
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The coach is replying

More people experience this than they realize.

What we've seen

Institutional inertia and knowledge gaps create expensive habits that perpetuate financial disadvantage.

Ideas that help explain it
Worth thinking about

“Where Are You with Financial inclusion and the unbanked?”

If this sounds familiar, the Library can help you find the bigger picture.