The Poor and Their Money presents the daily deposit collecting as neccessary under the precarious climate of poor households- saving at home is impractical because of emergency demands on the savings, or not having the whole household buy-in to the need to save. But Portfolios of the Poor goes on about the minus 40% annual return on savings (save a few cents a day for a month in exchange for one days' deposit, which of course is 3.3%) and that got me thinking. I would not go to someone's house everyday to collect ten cents from them- not for free, and not for 3.3%. I would do it as a favor, if it was nearby, but I don't understand how that can be a job.
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