Commissioned by IFC, MicroSave conducted the “South Asia Deposit Assessment” studies to increase understanding of the demand and supply of savings products among poor in Nepal. The reports highlight regulatory and operational challenges for financial institutions and mobile banking platforms that want to serve the low-income market.
Commissioned by IFC, MicroSave conducted the “South Asia Deposit Assessment” studies among poor in Sri Lanka. The study provides direction and enables financial institutions to offer tailored products for low income people.
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?
In this video Michael McCaffrey, Financial Inclusion Technical Specialist, Pacific Financial Inclusion Program (PFIP), talks about the specific challenges of improving financial inclusion in remote island states. He shares the PFIP experience with mobile banking and explains how commercial banks can help improve the financial infrastructure. Michael notes that the needs of various island countries […]
In this video Bob Christen, Director, Bill & Melinda Gates Foundation talks about the strategy of the Foundation in mobilising savings account for people who live on less than 2 dollars a day. Bob explains the various agent models that could support savings services. He says the successful mobilisation of small-scale savings requires dramatic reductions […]