Resourcefulness Tenacity: Lack Access and Cities Mckinsey

resourcefulness tenacity: The rural poor are at a particular disadvantage since whatever economic infrastructure exists is concentrated in cities, according to The Japan Times. McKinsey reported that worldwide some 2.5 billion people don't use banks or other formal financial institutions. The poor typically are creative and entrepreneurial but lack access to many of the essential tools of economic development. Such difficulties are ever evident in Africa. For instance, MyBucks, a fintech or financial technology firm, is turning the smartphone into a portable bank. Perhaps the continent's greatest hope, beyond the resourcefulness and tenacity of Africa's diverse peoples, is the commercial advance of technology. (news.financializer.com). As reported in the news.