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Mobile Financial Services in Rural Bangladesh: Common Challenges and Possible Solutions

Although Bangladesh is one of the world’s largest markets in terms of active mobile financial services (MFS) users (with more than 25 million active accounts as of April 2017), accessing those services is still a challenge for many Bangladeshis, particularly in rural areas. This infographic shows some of the many challenges that rural Bangladeshis face using MFS and some potential solutions.

Agricultural Value Chains Insights: Opportunities in Bangladesh Event Highlights

The Agricultural Value Chains Insights: Opportunities in Bangladesh event was held on November 22, 2016 at the Amari Hotel in Dhaka. It was co-hosted by USAID’s Mobile Solutions Technical Assistance and Research (mSTAR) project, implemented by FHI 360, and USAID’s Agricultural Value Chains (AVC) project, implemented by DAI. The event was attended by 50 participants from 30 organizations.

From Farmer to a Mobile Money Champ: Sagor's Story

Adopting mobile money does not only bring benefits to development organizations, but it can also bring about dramatic change in the personal and professional lives of staff and beneficiaries. This MM Experience tells the story of Sagor, a beneficiary farmer of USAID's Aquaculture for Income and Nutrition (AIN) program implemented by WorldFish. Sagor is now popularly known in his community as a mobile money champ. This is the fifth in a series created by mSTAR/Bangladesh to show the tangible benefits of mobile money on people's lives.

mSTAR/Bangladesh: Mobile Money Consultative Group Meeting Minutes February 2015

The mSTAR/Bangladesh-organized Mobile Money Consultative Group held its second meeting on February 19, 2015. The MMCG serves as a platform through which stakeholders can share their experiences using mobile money, as well as to identify opportunities for new product innovations and barriers that may exist in effectively using existing products to reach remote and underserved populations. Over 20 representatives from the donor community and development sector attended and contributed to the constructive dialogue. This summary provides meeting highlights. 

Smart Usage of Mobile Money in Projects & Programs in Bangladesh: Workshop Report

mSTAR Bangladesh held its third quarterly workshop on June 12, 2014, focusing on the smart usage of mobile money and developing an enabling financial ecosystem. The workshop also discussed the future of mobile money in Bangladesh and the potentially huge impact it could have on increasing financial inclusion. The workshop was attended by 19 participants representing 9 organizations. See workshop report for full details.

YFS-Link Video: Farzana Kashfi, BRAC, Bangladesh

BRAC’s Social & Financial Empowerment of Adolescents (SoFEA) program offers a holistic approach to financial services, supplementing savings and credit products with a “club,” where adolescent female clients have a safe place to meet.