Microfinance Practice: Re: [MFP] A new revolution in banking- featuring CARE's Banking on Change partnership

Hello there,

Just came across this in a paper and flet it may be worth sharing with the group.

It would seem that there is plenty of disruptive technology there to be exploited.

Who is going to be the first to bring these services to the MF arena?

How does these services differ from M-Pesa etc.? and why?

http://www.nytimes.com/2013/12/07/your-money/mobile-banks-gaining-popularity-with-young-consumers.html?pagewanted=2&nl=todaysheadlines&emc=edit_ee_20131207

Garrett

On 6 December 2013 01:32, Anuj Jain <ajain@stfx.ca> wrote:

Thanks for sharing this Maude.

This gradual evolution of the base savings group approach to deeper financial inclusion through linkages with formal sector is very promising, even though the road ahead is long and not an easy one.

We have 5 participants from 4 African countries (Uganda, Rwanda, Zambia and Egypt) in our Community Based Microfinance for Financial Inclusion, Hyderabad course; getting exposed to both good and bad of SHG-Bank linkage program in India and sharing their own lessons from the pilots.

Let's see what plans they come up with by the end of the program next week!

Best,

Anuj

From: MicrofinancePractice@yahoogroups.com [mailto:MicrofinancePractice@yahoogroups.com] On Behalf Of Maude Massu
Sent: Wednesday, December 04, 2013 8:56 PM
To: microfinancepractice@yahoogroups.com
Subject: [MFP] A new revolution in banking- featuring CARE's Banking on Change partnership

Greetings All,

You may find this article in the UK's Evening Standard of interest to read about CARE's financial inclusion work with Barclays in Uganda.

http://www.standard.co.uk/business/business-news/sarah-sands-a-new-revolution-is-sweeping-through-africa--in-banking-8977387.html?origin=internalSea

Kind regards,
Maude

Maude Massu
Microfinance Advisor
CARE International UK
Direct Line: +44 207 091 6054
Email: massu@careinternational.org Website: www.careinternational.org.uk