Arif Momin Keynotes - The Arif Momin speeches on economic development and the unbanked population are solution-focused. He...
This unbanked population is only judged based on the criteria society has in place. The solution, according to the economic development talk, is to widen the criteria. Many turn to micro-financing services or to locally based loans, but the interest rates are often too high. The second part of the solution is to make information regarding the transactions within the unbanked community accessible to big businesses. This is already done on a local level, where a loan might be arranged on individual terms based on reputation. The next step is to make this information widely available, similar to the way eBay allows users to judge each other's worthiness.