About 30% of adults in the world do not have a bank account.

6 out of 10 of these people, that is more than half, do have a mobile phone.

Most of them are found in low-income developing countries in Southeast Asia, Central Asia, Latin America and Africa. In fact, almost half of these people live in the following countries without bank systems: Bangladesh, China, India, Indonesia, Mexico, Nigeria and Pakistan.

In addition, there is a marked profile among non-banked people, most of whom are women, they live in rural areas and have a low income level, their economy is based on subsistence and generally they work in the informal trade.

In many cases these people distrust the banking system as in their countries there have been cases of high inflation which has caused several people to lose their savings.

A woman who lives in a rural community in Mexico and whose income comes from what she grows and sells in her community and who uses that income to support her family is a common profile among non-banked people. These people cannot access the financial services and the commissions generated by opening a bank account.

What effects does non-banking have on people?

Saving and generating a fortune becomes complicated.

The loss of time to handle practices is high.

It does not allow access to certain consumer goods

Lack of financial education and ignorance in money management.

How can Universal Exchange Basic Income help these people?

Through the income received through the Basic Universal Exchange Income and for which you would only need to have a mobile phone, non-banked people would have a greater capacity for consumption and access to certain goods that they cannot now dispose of.

This would allow better food, health, access to technology, financial education …

If you want to help reduce poverty and support an economic system in which everyone can participate, sign up and help the project move forward.

Your help is essential for the RBIU to be possible.