In this video series-2, taking the conversation further with Graham A.N. Wright, Stuart Rutherford, co-author of “Portfolios of the Poor”, shares the key lessons of the book in terms of poor people’s financial behaviour. Informing that poor people lead complex financial lives basically not only due to meager but irregular income. Sharing his research work in Bangladesh, India and South Africa, he opines that poor people can certainly save and he talks about various saving mechanism poor employ such as clay piggy bank, under the mattress etc. He further talks about group savings and pool savings as well.


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