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The Gates Foundation wants to reduce poverty worldwide and asked McKinsey to design basic financial services for remote communities in Mexico. Most rural Mexicans rely on government benefits but have to travel long distances to state bank branches to collect them, exposing them to risks. The Mexican government operates a store chain, Diconsa, throughout rural areas. McKinsey was asked to investigate using Diconsa stores to provide financial services like distributing benefits, savings accounts, bill payment

Author

ArmanbekAlkin

Language

EN