02735nam a2200385 a 4500 20181210070728.0 cr ||||||||||| 060207s2006 dcu sb i000 0 eng 2005399815 DLC DLC BD-DhBPA HG3881.5.W57 332 CAU 2006 Caskey, John P 107884 The urban unbanked in Mexico and the United States / John P Caskey, Clemente Ruiz Duran and Tova Maria Solo Washington, D.C. : World Bank, 2006 60 p. : ill. ; 23 cm. Policy research working paper ; 3835 Title from PDF file as viewed on 2/7/2006. Includes bibliographical references. "This paper examines the ways in which lower-income households obtain basic financial services in urban communities in Mexico and the United States. And it discusses the efforts that private sector and government organizations are making to lower the cost or improve the quality of those services. The paper summarizes available information on these issues and assesses the rationale and challenges facing the strategies that both countries are using to improve the financial services available to lower-income households, giving particular attention to "unbanked" households, meaning households that do not have deposit accounts with any regulated deposit-taking institution, and also to lower-income households in large urban areas. In comparing the experiences of the two countries, the paper reviews the extent to which lower-income households are unbanked, their use of non-bank financial services, and strategies for improving financial services to the unbanked. The underlying differences between the countries' typical household incomes-national income per capita in Mexico in 2002 was US$8,540, compared with $35,060 in the United States (World Bank 2003)-may also influence the difference in percentage of unbanked-9.1 percent of families in the United States compared with 76.4 percent found in a recent study in Mexico City. "--World Bank web site. Also available in print. System requirements: Adobe Acrobat Reader. Mode of access: World Wide Web. Zahid Microfinance United States. 14911 Microfinance Mexico. 14911 Low-income consumers United States. 107885 Low-income consumers Mexico. 107886 Poor United States. 107887 Poor Mexico. 107888 Duran, Clemente Ruiz 49213 World Bank. 107889 Policy research working papers (Online) ; 3835. 107890 ddc BK 37514 37514 0 ddc 0 0 BPATC BPATC GRR 2018-05-13 0 332 CAU 2006 WB3906 2018-05-13 00:00:00 2018-05-13 BK Zahid