A subsistence farmer in South Africa gets regular text messages on his cell phone reminding him to take his antiretroviral medication, so his HIV keeps from blossoming into full-blown AIDS. In exchange, he gets life insurance, for the equivalent of about $35 a month. With his $35,000 life insurance policy in his pocket, the farmer can finally qualify for a mortgage or business loan. Slowly, the financial world that was closed off to him starts to unfurl a ribbon of possibility.
Want more? Sorry, the full text of this article is only available to subscribers. Subscribe now.
Already a subscriber? Please log in by entering your email address and password into the red login box at the top-right corner of this page.
Need to register for your premium online access, which is included with your paid subscription? Register here.