Financial Access Initiative
Established in 2006, the Financial Access Initiative (FAI) is an American consortium of researchers at New York University, Yale University, Harvard University and Innovations for Poverty Action (IPA) focused on finding answers to how financial sectors can better meet the needs of poor households.
The Initiative was launched with core funding from the Bill and Melinda Gates Foundation to the Robert F. Wagner Graduate School of Public Service at NYU. Led by Managing Director Jonathan Morduch (NYU), Dean Karlan (Yale), Sendhil Mullainathan (Harvard), the Initiative seeks to provide rigorous research on the impacts of financial access and on innovative ways to improve access. FAI’s website states that financial access holds the promise to help low-income individuals in developing countries manage their economic lives and build wealth.
Read more about Financial Access Initiative: Activities, Research, Supporters, Partner Websites
Famous quotes containing the words financial, access and/or initiative:
“The woman who does her job for society inside the four walls of her home must not be considered by her husband or anyone else an economic “dependent,” reaching out her hands in mendicant fashion for financial help.”
—Mary Barnett Gilson (1877–?)
“Oh, the holiness of always being the injured party. The historically oppressed can find not only sanctity but safety in the state of victimization. When access to a better life has been denied often enough, and successfully enough, one can use the rejection as an excuse to cease all efforts. After all, one reckons, “they” don’t want me, “they” accept their own mediocrity and refuse my best, “they” don’t deserve me.”
—Maya Angelou (b. 1928)
“A shocking crime was committed on the unscrupulous initiative of few individuals, with the blessing of more, and amid the passive acquiescence of all.”
—Tacitus (c. 55–120)