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Organizations implementing the graduation approach need tools to manage their different program components effectively. Mobile and cloud technology are helping them to support poor women on their path out of poverty.
Large numbers of vulnerable communities continue to flee their home countries due to war and conflict. Settling in refugee camps, they are perceived by many financial institutions as too risky to serve. VisionFund International explores the opportunities and challenges in serving refugee communities in West Nile, Uganda.
Mobile offers significant potential to engage people at scale, connecting them to services and solutions that can improve their everyday lives. The rise of mobile banking products, such as Safaricom’s mPesa in Kenya and other digital financial services, show that overcoming specific contextual challenges and responding to the demand of low-income people at scale, requires digitally-led solutions.
Drawing on the findings from recently released market studies in Jordan and Uganda, here are the top five recommendations for financial service providers (FSPs) willing to contribute to the financial inclusion of refugees.