Much of the Egyptian economy is “informal” at that economic level, and so they don’t have the papers to get a bank account. Banking access is still pretty low in Egypt at that socioeconomic leve...
in some or many ways someone in this position really doesn't need a bank account. as you described they are seeking financial autonomy, not a credit line or safe storage.
I met a handyman type person in the US once who didn't have a bank account. He just dealt in cash and paid in full for cash. he had some line like. "why so they can charge me fees and try to get me in debt?"
That is also my general outlook on how banks behave. but for those who may fall easy prey to debt it may be despite certain disadvantages to not having a bank account better
I met a handyman type person in the US once who didn't have a bank account. He just dealt in cash and paid in full for cash. he had some line like. "why so they can charge me fees and try to get me in debt?"
That is also my general outlook on how banks behave. but for those who may fall easy prey to debt it may be despite certain disadvantages to not having a bank account better