The plight associated with unbanked when you look at the United States’s poorest areas is a modern-day scandal within the richest nation that is world’s. Southern Bancorp is certainly one bank wanting to deal with the issue. Euromoney would go to one’s heart regarding the battle to beat monetary exclusion in rural America.
Illustration: Jon Berkeley. Photos: Nathan Pittman
It absolutely was as soon as a thriving city that is small a rich history that played a component into the civil legal rights motion and ended up being the house regarding the blues. The population of Clarksdale, Mississippi, is just two-thirds of what it was in the 1970s today. Some 40% real time underneath the poverty line.
Twenty minutes-drive away throughout the continuing state line appears Helena, Arkansas.Read More »Let me make it clear about Financial inclusion: American tragic