Promoting Financial Inclusion: Branchless Banking in Colombia (Presentation)

  • Date Posted: October 17, 2011
  • Authors: Paul Davis
  • Organizations: Pragma Corporation
  • Document Types: Other
  • Donor Type: US Agency for International Development

This presentation discusses an innovative approach that was implemented in Colombia, with help from USAID and the Government of Colombia, in order to safely promote financial inclusion in Colombia while engaging the country’s private sector. Banca de Oportunidades was initially state-financed in order to get funding to rural under-served communities. Currently, Banca de Oportunidades promotes market-based expansion of financial services, often through branchless banking.