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'Sou-sou': Black immigrants bring savings club stateside
A Korean Secret to Keeping Friendships Strong: Savings Groups
nytimes.com
In seeking stronger financial safety nets for millions of underserved Americans, might an identity-driven approach emerge as the most effective wedge into the broader financial services ecosystem? If so, might specific identity-aligned slices of the 57 million freelancers, 60 million Hispanics, or 73 million Boomers present attractive, addressable... See more
Meera Clark • Human-Centered Finance
The brutalism of slavery and environmental conditions meant that slaves didn’t survive in South America & the Caribbean. This lead to the preservation of African culture compared to the United States since slaves were continually being imported from Africa; whereas Black American identity grew independently throughout many generations.