Got banking 1

Just a few years ago, Amylene Dingle and her family lived in an impoverished part of Manila, the Phillippines. Her life changed when she saw an ad on Facebook for "Tala," and she responded to it.

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Amylene was granted a small ($20) business loan from Tala. She used it to buy cold cuts/hamburgers/hot dogs and then re-sold them. Her business grew, and today she's making about $70 per week in profit. They now live in a cleaner, quieter neighborhood.

Tala was founded in 2011 by Shivani Siroya, a former Wall Street analyst who was raised in New York by Indian immigrant parents. After working at the United Nations, she started Tala specifically to provide banking services (like loans) to people in parts of the world where banking is not accessible to them.

from Forbes

(cont'd tomorrow)