Bkash

April 28, 2014

Challenge accepted!

In March, the social innovation lab launched the BRAC Innovation Fund for Mobile Money. The challenge fund was an opportunity for us to think ‘digitally,’ and explore the potential of mobile money to innovate and improve BRAC’s work.
April 27, 2014

Bangladesh’s bKash adoption puzzle

On a recent trip to Bangladesh, one question kept pestering me:  if mobile bank accounts are so good for the poor, why haven’t they adopted them already? After all, financial products and services for the poor have the potential to improve lives, but only if they are actually adopted and used.
March 12, 2014

Wanted: Mobile money ideas

Mobile money is creating new ways to work with the poor and help them manage their money. Already in four countries, there are more mobile money accounts than bank accounts.  Innovative development approaches are appearing around the world.  Bangladesh is the fastest growing mobile money market in the world, and organisations like Oxfam, FHI 360, Chars Livelihood Programme and others are experimenting with it.
July 25, 2011

Launch of Bkash marks a new era on financial inclusion

“Give a man a fish; you have fed him for today. Teach a man to fish; and you have fed him for a lifetime” is an old saying. Let me extend this old saying this evening by adding – “Give a man a mobile phone and you have changed his life.”