MicroSave is undertaking a series of research studies to support the financial inclusion agenda in India. The research aims to understand the reasons for widespread dormancy in No Frills Accounts opened through various service providers like public and private sector banks, RRBs and business correspondents. The research was conducted in the states of Uttar Pradesh, Rajasthan and Tamil Nadu and involved focus group discussions and individual interviews with NFA customers and bank staff.
This study explores following questions: Where and how do low-income households want to make deposits, withdrawals, payments and other financial transactions? What works best for them, what does not work, and why? What other issues are important to inspire trust and feel their money is safe with a BC?
Understanding remittance networks in Gujarat, Orissa and Bihar
This research explores the remittance options currently available to Indian migrant workers in Gujarat and recipient families in rural Orissa and Bihar. It also examines the benefits of a business correspondent remittance service.
Moving Towards Savings and Lessons From the IPO Story Part 4
In this video series-4, Carlos Danel, Founder and Co-CEO of Compartamos Bank Mexico discusses the savings strategy of Compartamos and the lessons learnt from the IPO story. For savings, he says traditional model of brick and mortar branch didn’t work for the bank. So the bank focused on technology especially mobile banking to take advantage […]
Compartamos Achievements Outreach and Financial Sustainability Part 1
In this video series-1, Carlos Danel, Founder and Co-CEO of Compartamos Bank Mexico speaks about the factors that enabled them to become the regional industry leader and provide financial services to more than one million poor women in the rural areas. He also enlists the various products and services Compartamos provides to its customers.
In this video Graham A.N.Wright, Prgogramme Director MSC discusses the challenges with the existing banking infrastructure in India and the usefulness of mobile-banking for MFI clients. He outlines the role of MSC in identifying the needs of stakeholders of m-banking in India. Further, this episode takes up the case of EKO and interviews Abhishek Sinha, […]