Uganda: Scaling up remittances and financial inclusion through rural post offices

IFAD partnered with PostBank Uganda to leverage Posta Uganda’s broad network of rural post offices and expand access to financial services in rural areas. Post offices were equipped with digital and mobile technologies for remittance delivery and financial service transactions, and postal staff received specialized training. The project supported the refinement of PostBank Diaspora Account, […]

Strengthening the financial capabilities of remittance families in Nepal

Bodh Kumari Basnet, 34-year-old, lives in a village 2 Km in Rautahat district, about five hours south of Kathmandu and an hour from the Indian border. She has six members in her family. Nine years ago, her husband decided to migrate to the UAE due to limited income generating opportunities back home. They were able […]

“They don’t need to worry about me here”

Larni is from the Philippines and Marvin is from Uganda. They both work in the United Arab Emirates to take care of their families back home. They  have a lot of responsibility on their shoulders and the COVID-19 crisis is adding pressure on them. Thanks to an innovative microinsurance project they are now “at peace”. […]

Extending the outreach of remittances to rural Moldova

In Moldova, the sole financial service providers operating in remote parts of the country are the savings and credit associations (SCAs). The International Fund for Agricultural Development (IFAD) decided to partner with Moldova’s National Commission for the Financial Market to enable SCAs to become agents of cross-border remittances. Ecaterina Meriacre is a 56 year old […]