Increase their emergency savings
41% of all households and 26% of the most vulnerable can cover a financial emergency.
Increase their retirement savings
1 out of 10 low income and independent workers save for retirement
Increase their earnings
Independent workers make up 40% of employment in LAC and entrepreneurship accounts for 99.5% of all businesses in the region.
At the Common Cents Lab, we use behavioral science to create solutions that aim to increase the ﬁnancial well-being for low- to moderate-income people living in the United States and abroad.
The Mastercard Center for Inclusive Growth advances equitable and sustainable economic growth and financial inclusion around the world. The Center leverages the company’s core assets and competencies, including data insights, expertise and technology, while administering the philanthropic Mastercard Impact Fund, to produce independent research, scale global programs and empower a community of thinkers, leaders and doers on the front lines of inclusive growth. For more information and to receive its latest insights, follow the Center on Twitter, @CNTR4growth, LinkedIn and subscribe to its newsletter.