Pupils Try Surviving into the Field With Only Alternative Financial Services

Pupils Try Surviving into the Field With Only Alternative Financial Services

Early in the autumn semester, Punit Shah, MBA ’18, did one thing out from the ordinary for the Stanford that is average Graduate of company pupil: He moved right into a check-cashing shop to cash a payroll check.

“It had been the time that is first ever moved in to a check-cashing store,” Shah remembers. “You can read exactly about these alternate monetary solutions, nevertheless when you’re here and seeing it on the floor, you will get a more deeply understanding.”

The ability, section of Kenneth J. Singleton’s brand new MBA elective Innovating for Financial Inclusion, had been eye-opening by design. Via a collaboration utilizing the Center for Financial Services Innovation, the Adams Distinguished Professor of Management delivered groups of pupils out into communities near Silicon Valley to have firsthand the everyday challenges faced by families that don’t get access to conventional economic services, either by choice or due to their economic circumstances. 继续阅读“Pupils Try Surviving into the Field With Only Alternative Financial Services”