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A perfect example of what is probably going in store for the poor comes from South Africa, the place IFC-supported Net1 has used its contract to run the social grant system within the nation to access knowledge on shoppers. It then uses this information to market a spread of further merchandise to its susceptible clients, reminiscent of cellphone time, the cost for which is solely deducted from the social grant payment. The result has been a major rise in over-indebtedness and gradual loss of wealth by the poor, however very healthy profits for Net1. While South Africa’s civil society has been outraged by such exploitative practices, the World Bank sees no problem with this enterprise association. Indeed, even after the extent of unlawful and unethical practices had been made public, the IFC invested $107 million in Net 1 in April 2016.