Announcing A Framework for Small Balance Deposit Mobilization
MicroLead, a joint initiative of UNCDF and the Mastercard Foundation, is pleased to announce its newest research paper: Pulling Levers Toward Sustainability – A Framework for Small Balance Deposit Mobilization.
Vous pouvez télécharger en langue française l’étude de cas ici.
The framework, which includes four MicroLead FSP partner case studies, is an important part of our research into the business case for small balance deposit mobilization. This real-world framework analyzes the different “levers” FSPs can use to reduce their costs and increase outreach.
The economics of small-balance accounts presents challenges that make it difficult for financial service providers (FSPs) to earn a profit. However, the sheer size of the unbanked population suggests that small-balance deposit mobilization represents an opportunity—albeit one that requires hard work and patience—for FSPs to advance financial inclusion while accessing a relatively untapped market.
MicroLead partner institutions featured in the accompanying case studies are: Fidelity Bank and Sinapi Aba Savings & Loans in Ghana, Uganda’s UGAFODE, and NBS Bank in Malawi. You can download all four case studies and the Framework here.
Watch for more partner case studies from MicroLead and our final digital finance toolkit, which will be released over the course of 2018.
About MicroLead
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, 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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