Mobile Money for the Poor (MM4P) is a global programme funded by UN Capital Development Fund, the Swedish International Development Cooperation Agency (SIDA) and the Australian Government, Department for Foreign Affairs and Trade (DFAT). The programme provides support to branchless and mobile financial services in a select group of LDCs to demonstrate how the correct mix of financial, technical and policy support can build a robust branchless and mobile financial services ecosystem that reaches low income people in LDCs.
UNCDF, Sida and AusAID have developed a programme to support branchless and mobile financial services in a select group of LDCs where UNCDF currently operates to demonstrate how the correct mix of financial, technical and policy support can build a robust branchless and mobile financial services ecosystem in LDCs. Activities in each country will be designed to support the specific needs and can include:
Each of the LDCs in the early stages of branchless and mobile financial services and presents unique challenges. However, services such as transfers, bill payment, savings, or microinsurance can greatly improve the financial security of millions of households. Support will be provided on a competitive basis with a particular focus on partners that are committed to reaching the unbanked with appropriate, accessible and affordable services.
|Location||East Asia and Pacific, Zambia, South Asia, Southern Africa, West Africa, Benin, Laos, Liberia, Malawi, Nepal, Senegal, Uganda|
|Value||USD 36.1 Million|