Blog Series

Update on Brazil

This series of posts draws on two new pieces of research from Brazil, a survey on the use of agents from Bankable Frontier Associates, and a financial diaries project conducted by CGAP that covered 123 households, to describe the picture of financial inclusion in Brazil. These research projects shed light on how different segments of Brazil's population, including those relying on social welfare payments for income, interact with the formal financial system. According to the World Bank, forty-four percent of Brazilian adults remain unbanked, so financial inclusion remains a priority for Latin America's largest country.