Many individuals in low- and middle-income countries (LMICs) face a financial infrastructure gap. One way organizations have begun addressing this financial infrastructure gap in low-income and rural communities is through the provision of digital financial services (DFS). To utilize DFS however, users must be able to convert physical cash into electronic money through cash-in, cash-out (CICO) networks.
Being aware of the potential benefits and services of Digital Financial Services is pre-requisite to accessing them. We analyzed the effect of various sociodemographic characteristics on an individual’s likelihood to be aware of DFS, focusing in particular on differences by gender.
Digital credit refers to loans that are issued remotely (often without any brick-and-mortar infrastructure), automatically (minimizing the time and number of steps between registration and the distribution of loans), and instantly (often in less
Digital credit products are rapidly emerging in the digital financial services (DFS) market as a new, innovative form of accessing electronic money.
EPAR was invited to present their work on national identity card programs at a workshop organized by the Centre for Humanitarian Dialogue for Myanmar's Ministry of Labour, Immigration, and Population.
According to the Food and Agriculture Organization of the United Nations (FAO), over 60% of people in Sub-Saharan Africa depend on the agricultural sector for their livelihoods.