Mobile Money for the Poor, a new programme proposed by UNCDF in partnership with AusAID, is designed to focus intently on some of the poorer countries where the commercial business case may be marginal, but the needs of the population are great. The goal is to work intently with partners to reach 4 million clients with a mix of services and delivery methods by providing resources, support, and information.
The programme’s primary focus is on retail delivery of services, with a special focus on savings and other services that build greater financial security such as insurance and remittances. However, the programme is flexible enough to include market research, knowledge sharing and policy interventions when needed to support the scalability of services.