Financial Services That Clients Need: The 3.0 Business Models, Reconciling Outreach with Sustainability

Formal financial services hold the potential to improve the lives of the general population, including low-income families, as well as contribute to general economic progress. The development of the finance function in an economy is linked to overall economic growth. Countries with more private lending to private enterprises and liquid stock exchanges grow faster than countries with less developed banking systems. Well functioning financial systems ease financial constraints that hold back development of industries and productive sectors.