It is expensive to be poor: Why microfinance and digital banking is needed now more than ever.

A long time ago, in a galaxy far far away Atul Tandon was making it on Wall Street.  At 39, Tandon was running one of the world’s largest international banking efforts on Wall Street when he was faced with a serious health crisis. Questioning his purpose, Tandon walked away from a life of wealth and turned to the very poorest in the world, vowing to serve those he left behind. Tandon has made good on that promise by expanding Opportunity International’s microfinance and digital banking services – and at the height of the pandemic, serving more than 19 million people in 30 countries, developing a partner network of 100+ microfinance institutions in some of the most remote corners of the world - dubbed one of the “best kept nonprofit secrets” by Freakonomics’ Steven Levitt. Atul Tandon is a global leader known for building, growing, and turning around some of the world’s best-known for-profit and non-profit enterprises. Tandon currently serves as CEO of Opportunity International, a non-profit organization that designs, delivers, and scales innovative financial solutions to help families living in poverty build sustainable livelihoods and access quality education for their children. Prior to Opportunity International, Tandon founded and served as CEO of the Tandon Institute, which provides strategy, solutions, and staffing to enable social sector enterprises. Before that, Tandon served as the leader of United Way Worldwide’s 41-country International Network, helping build and shape the world’s largest network of community-based charities. Additionally, he oversaw the network’s worldwide corporate relationships and fundraising functions. Check out Opportunity International:  https://opportunity.org Follow Dr. Bob on Twitter:  @ProfessorHuish