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The mobile banking market in Bangladesh has seen rapid growth in recent years. However, significant progress still needs to be made before Bangladesh’s poor can fully realize the benefits of mobile banking. One area that promises significant near term opportunities to serve the needs of these groups is in government-sponsored payments. By utilizing mobile money or e-payment mechanisms, inefficiencies associated with disbursements can be reduced.
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.