Ashoka Changemakers hosted a Twitter chat today to discuss methods to attain full financial inclusion. Earlier this year, they launched an online competition to find innovative solutions that would make financial services accessible to underserved and excluded communities.
The questions they asked to Twitter users were:
1) How critical is microfinance in financial inclusion? Is banking the unbanked more important?
2) What does innovation for financial inclusion look like? And have you noticed any trends in solutions?
3) What will it take to unleash the full potential of mobile money?
4) What are your favorite financial inclusion initiatives? Have any entered the G2012 Mexico Financial Inclusion competition?
5) How will financial inclusion shape the world over the next 10 years? What does the future look like?
Below is a collection of responses from the Twitter chat.