Insurance Market Analysis slide image

Insurance Market Analysis

Demand insights Coping strategies all ex post ☐ No savings to fall back on ☐ Loans: family & friends first call Advances from employers or clients Credit cards Consigned credit Productive credit □ Donations/"listas" ☐ Caixinhas ☐ ROSCAS (Sorteio) "It is a great mistake for us not to have savings" "If I can, I borrow from my sister. I repay her as I can. Sometimes, I don't even repay the full amount. We forget about it, and don't worry about it. But if she can't pay a bill, I'll pay it for her, and if I can I'll still lend her more." "I immediately think of my credit card. I draw from it straight away, without having to explain myself to anyone. I just cannot delay the repayment, because the interest is so high I'll lose my shirt." "If someone has a problem, they can negotiate an exchange with the winner. So they take the money, and then when their names are drawn, they repay the person that made the exchange with them." miri
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