... combine experimental and survey evidence from India and Indonesia to argue that the demand for bank savings accounts is not constrained by lack of financial literacy, but rather by high prices ratio ... offer insurance in case of a funeral or other catastrophic events (Dupas and Robinson, 2012) Finally, while bank savings are made individually, ROSCA contributions are made in a group The social aspect ... Chaia, Alberto, Aparna Dalal, Tony Goland, Maria Jose Gonzalez, Jonathan Morduch, and Robert Schi (2009) “Half the World is Unbanked.” Financial Access Initiative Framing Note [13] Charness, Gary...