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Can the Delivery of Cash Transfers to Mobile Banking Accounts be a Catalyzer for Increased Financial Inclusion in Sub-Saharan Least Developed Countries? Dissertation of Ludiwien Cooreman Erasmus Mundus Master in Comparative Local Development Supervised by Alessandro Rossi from University of Trento
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Can the Delivery of Cash Transfers to Mobile Banking Accounts be a Catalyzer for Increased Financial Inclusion in Sub-Saharan Least Developed Countries? - Ludiwien Cooreman

Jan 07, 2017

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Page 1: Can the Delivery of Cash Transfers to Mobile Banking Accounts be a Catalyzer for Increased Financial Inclusion in Sub-Saharan Least Developed Countries? - Ludiwien Cooreman

Can the Delivery of Cash Transfers to Mobile Banking Accounts be a Catalyzer for Increased Financial Inclusion in Sub-Saharan Least Developed Countries?

Dissertation of Ludiwien Cooreman Erasmus Mundus Master in Comparative Local Development Supervised by Alessandro Rossi from University of Trento

Page 2: Can the Delivery of Cash Transfers to Mobile Banking Accounts be a Catalyzer for Increased Financial Inclusion in Sub-Saharan Least Developed Countries? - Ludiwien Cooreman
Page 3: Can the Delivery of Cash Transfers to Mobile Banking Accounts be a Catalyzer for Increased Financial Inclusion in Sub-Saharan Least Developed Countries? - Ludiwien Cooreman
Page 4: Can the Delivery of Cash Transfers to Mobile Banking Accounts be a Catalyzer for Increased Financial Inclusion in Sub-Saharan Least Developed Countries? - Ludiwien Cooreman
Page 5: Can the Delivery of Cash Transfers to Mobile Banking Accounts be a Catalyzer for Increased Financial Inclusion in Sub-Saharan Least Developed Countries? - Ludiwien Cooreman
Page 6: Can the Delivery of Cash Transfers to Mobile Banking Accounts be a Catalyzer for Increased Financial Inclusion in Sub-Saharan Least Developed Countries? - Ludiwien Cooreman

. Source: Global Findex Databasesavings (expressed in % of population in Sub-Saharan LDCs)

Page 7: Can the Delivery of Cash Transfers to Mobile Banking Accounts be a Catalyzer for Increased Financial Inclusion in Sub-Saharan Least Developed Countries? - Ludiwien Cooreman
Page 8: Can the Delivery of Cash Transfers to Mobile Banking Accounts be a Catalyzer for Increased Financial Inclusion in Sub-Saharan Least Developed Countries? - Ludiwien Cooreman
Page 9: Can the Delivery of Cash Transfers to Mobile Banking Accounts be a Catalyzer for Increased Financial Inclusion in Sub-Saharan Least Developed Countries? - Ludiwien Cooreman
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Page 12: Can the Delivery of Cash Transfers to Mobile Banking Accounts be a Catalyzer for Increased Financial Inclusion in Sub-Saharan Least Developed Countries? - Ludiwien Cooreman
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Overcoming an unfavorable cost-benefit equation

• Underdeveloped infrastructure• Thinly distributed population• Sociological barriers

Page 16: Can the Delivery of Cash Transfers to Mobile Banking Accounts be a Catalyzer for Increased Financial Inclusion in Sub-Saharan Least Developed Countries? - Ludiwien Cooreman

Digitized Cash Transfers as Win-win-win

1. Aid commercial viability of providers through predictable volume

2. Cut transaction cost and increase efficiency and effectiveness of program for donor

3. leverage the reach and take-up of financial services for the poor

Page 17: Can the Delivery of Cash Transfers to Mobile Banking Accounts be a Catalyzer for Increased Financial Inclusion in Sub-Saharan Least Developed Countries? - Ludiwien Cooreman

Well...

Page 18: Can the Delivery of Cash Transfers to Mobile Banking Accounts be a Catalyzer for Increased Financial Inclusion in Sub-Saharan Least Developed Countries? - Ludiwien Cooreman

KEY:CONSISTENT

AND RELIABLE SERVICE

Page 19: Can the Delivery of Cash Transfers to Mobile Banking Accounts be a Catalyzer for Increased Financial Inclusion in Sub-Saharan Least Developed Countries? - Ludiwien Cooreman
Page 20: Can the Delivery of Cash Transfers to Mobile Banking Accounts be a Catalyzer for Increased Financial Inclusion in Sub-Saharan Least Developed Countries? - Ludiwien Cooreman
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Digitized cash transfers as catalyzer for broader financial inclusion in LDCs • No quick wins or

cheap fixes

• Delivering reliable and consistent service first

• Design for financial inclusion and ecosystem formation

Page 23: Can the Delivery of Cash Transfers to Mobile Banking Accounts be a Catalyzer for Increased Financial Inclusion in Sub-Saharan Least Developed Countries? - Ludiwien Cooreman

Sources for infographics and images: World Bank, GSMA, CGAP, Better than Cash Alliance, Chicago Council

Contact: (+32)478/27.89.13 [email protected]