FAI meaning in Business ?

Business Miscellaneous in Business . 2 years ago

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What is Financial Access Initiative mean?

The Financial Access Initiative (FAI) is an American consortium, established in 2006, of researchers at New York University (NYU), 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.

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Posted on 26 Apr 2022, this text provides information on Business related to Miscellaneous in Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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