Ensuring financial well-being is crucial for individuals, communities, and economies. Current segmented strategies for inclusive development have shown limited effectiveness in fostering financial resilience, particularly among vulnerable populations. Mere access to services falls short of ensuring economic stability.
To address this, we need to move away from a binary emphasis on access and utilization and adopt a comprehensive outcome-oriented approach, measuring success through financial resilience and well-being indicators. This approach aligns with the objectives of the Sustainable Development Goals.
Not only it's important to move people out of poverty but it's more
important that they do not fall back into the poverty trap