What are savings groups, and how can linking them to banks and other formal institutions benefit their members?
This was the question posed in the UNCDF and UNDP two-day exposure training and field trip for Ghanaian regulators and financial institutions in June 2017.
"The field trip has been an eye-opener for me," said Clarice Akudow of the Bank of Ghana. "I have gone to international conferences, where I've seen what is happening in other countries. Little did I know that right in my backyard, we are also doing something to promote financial inclusion."
Watch the video to see what happened!
You can read more about this training and its outcomes here.
MicroLead is a UNCDF-managed global initiative challenging regulated FSPs to develop and roll-out deposit services which respond to the rural vacuum of services. With the generous support of the Bill & Melinda Gates Foundation, The MasterCard Foundation and the LIFT Fund in Myanmar, MicroLead works with a variety of FSPs and technical service providers to reach rural markets, particularly women, with demand-driven, responsibly priced products offered via alternative delivery channels such as rural agents, mobile phones, roving agents, point of sales devices and group linkages. This is combined with financial education, so customers not only have access but can effectively use quality services.
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