Nonprofit Innovations for the Underbanked

Posted by on October 6, 2008

“Nonprofit Innovations for the Underbanked: Trends and Developments” by Shaw-Lin Chaw, Sarah Gordon, and Michael J. Herrmann

An increasing number of nonprofit organizations have entered the underbanked market as facilitators or service providers, resulting in a broader array of affordable and well-designed products and services that provide asset-building opportunities for underbanked consumers.  Nonprofit organizations are innovating in ways that are different from their for-profit counterparts, creating multi-faceted suites of products and services seeking to address the complex needs of underbanked consumers.   While nonprofit work has yielded many creative solutions, project sustainability and long-term growth continue to be a challenge and opportunity for nonprofit organizations innovating in this space. Read the research paper to learn more.

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