Sounds like a business opportunity.
While unlikely to be profitable. I'm sure you could get some donations to offer better financial services to the bottom percentages.
While unlikely to be profitable. I'm sure you could get some donations to offer better financial services to the bottom percentages.
Overall, it is difficult to be even stay in business let alone profitable due to structure of how interests work at that income level due to most not paying back on their loans.
Edit: Before such ersatz-bank-account services proliferated, I believe it was common for poor people to cash their paychecks at a check cashing place (which costs time and money).