Mongolia is about the size of Alaska and has a population of fewer then 3
million people. This translates into one of the lowest population
densities in the world. With almost half the population living in
Ulaanbaatar, the capital city, and the rest spread out across the country,
it may seem that Mongolia is not the ideal landscape for mobile financial
services...[but] it is actually one of the most banked countries in the
world.
One question worth considering - do all these development finance programs (mobile banking, microfinance, crop insurance) get a free pass on regulation because they are seen as helping the poor? I sure hope not...
No comments:
Post a Comment