Lessons Learned from Providing Financial Education to Promote Branchless Banking

By Aditya Banerjee This is the second of a four part series of articles about the RBAP-MABS National Roundtable 2012 Conference panel session entitled “Using New Channels to Expand Microfinance Services”. Rural banks already play a big role in small communities. They serve over one million low-income families who place their trust – from microinsurance [...]

Why reinvent the wheel? Use existing tools that work

Microinsurance Innovation Facility - As more institutions enter microinsurance, it is efficient to make use of existing tools that work, in order to minimize the resources needed to develop successful tools. An encouraging example comes from Seguros Futuro. When Seguros Futuro wanted to expand its education efforts it decided to incorporate insurance education in the annual [...]

The Future of Mobile Phone Banking in the Philippines: Updates from RBAP-MABS (part 1 of 3)

During the USAID-supported Rural Bankers Association of the Philippines – Microenterprise Access to Banking Services (RBAP-MABS) Roundtable Conference held last November 9, 2011 at Hyatt Hotel in Manila featured updates on mobile phone banking for rural banks as well as new global trends. During the conference, Mr. Petalcorin gave updates on the RBAP-MABS Program Mobile [...]

RBAP-MABS Outlines Financial Education for Branchless Banking During the 8th Citi-Financial Times Financial Education Summit

The 8th Citi-Financial Times (FT) Financial Education Summit, the most established annual international forum on financial literacy, was held on November 28-29, 2011 in Jakarta, Indonesia. With the theme “Empowering the Disadvantaged: Inclusive and Innovative Approaches to Financial Capability”, the Summit focused on how to increase the uptake of financial education initiatives at grassroots levels [...]