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The five-year Mobile Solutions Technical Assistance and Research (mSTAR) award is a broad, flexible, and responsive program designed to foster the rapid adoption and scale-up of mobile money, mobile access, and mobile data in developing countries.
The five-year Mobile Solutions Technical Assistance and Research (mSTAR) award is a broad, flexible, and responsive program designed to foster the rapid adoption and scale-up of mobile money, mobile access, and mobile data in developing countries.
The information contained in this report represents the collective insights of 39 microfinance association leaders from 33 countries across Africa, Latin America, Eastern Europe, and Asia.
The report demonstrates how microfinance can be further leveraged to provide a powerful tool to address one of India’s persistent barriers to the economic advancement of the poor: ill health caused by lack of access to health services.
Dr. Dean Karlan, Dr. Nava Ashrad, and Dr. Wesley Yin conducted an experiment in the Philippines, where they offered commitment savings products to a subset of 710 randomly selected clients of a Phillippine bank. Since after 12 months the average savings balances increased, this study demonstrated that commitment savings products can result in lasting change in savings beyond the initial, positive short-term response to the new product.