Millions more have a bank account, but what is the impact on global poverty?
With 20% of bank accounts going unused in developing countries according to the World Bank, financial inclusion must take centre stage in poverty reduction
Chabruma Luhwavi, a Tanzanian merchant, used to end his working day fearing thieves would rob him of his earnings as he drove home through Dar Es Salaam's dark streets. But that fear vanished once he opened a bank account for his business, which he accesses through his mobile phone.
"Before, we used to carry money moving here and there. Moving with the money is very risky. But now, my money is in my mobile," he said with a grin.
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