Areas Asia and the Pacific

How much does having a bank account help the poor?

Having a bank account is widely regarded as the first step toward financial inclusion of the poor. Funds deposited in a bank account are also observed to lead to higher savings. Exploiting special features of the National Rural Employment Guarantee…

Digitizing wage payments in Bangladesh’s garment production sector

The journey from cash to electronic payments in Bangladesh’s garment sector is gathering pace as garment production factories discover how digitizing wages can save time, reduce costs, increase transparency and empower workers by improving their access to finance. In short,…

Garment Worker Diaries

The Garment Worker Diaries, an initiative currently led by Microfinance Opportunities in collaboration with SANEM in Bangladesh, collects data on the work hours, income, expenses, and financial tool use of workers in the global apparel and textile supply chain in…