Ashoka Fellow
United Kingdom
Fellow Since 2007
This description of Faisel Rahman's work was prepared when Faisel Rahman was elected to the Ashoka Fellowship in 2007.
Throughout the United Kingdom, people living in low-income, marginalized communities have limited access to financial products and services that serve their needs. These individuals, who may be most in need of flexible and reliable finance, are often excluded from all but the most usurious of financial service providers. Faisel Rahman is seeking to transform the provision of financial services to the most disadvantaged by demonstrating that this market can be profitable if first, the proper information is provided to mainstream financial institutions, and second, financial products and services are tailored for low-income individuals.
The New Idea
The Problem
The Strategy
The Person

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