One of the more illuminating findings recounted in Portfolios of the Poor: How the World's Poor Live on $@ a Day is the fact that in many countries, poor people pay as much for the privilege of saving their money in a (relatively) safe manner as they do to service loans -- that is, the negative interest rate on savings can exceed the interest rate paid on loans.
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Portfolios of the Not-So-Poor
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One of the more illuminating findings recounted in Portfolios of the Poor: How the World's Poor Live on $@ a Day is the fact that in many countries, poor people pay as much for the privilege of saving their money in a (relatively) safe manner as they do to service loans -- that is, the negative interest rate on savings can exceed the interest rate paid on loans.