Bangladesh is a recent entrant into branchless banking – deployments only began in earnest in the middle of 2011. CGAP reviewed the first year of branchless banking (referred to as “mobile financial services” in Bangladesh) together with Bangladesh Bank up to March 2012.
100,000 in 1990 to just 194 in 2010, while other indicators like neonatal and under-five mortality have also fallen.
While those numbers are still too high (in many developed countries, the rates for all are in single digits), the change is still staggering. Bangladesh is close to reaching the fourth and fifth of the UN’s Millennium Development Goals regarding child and maternal mortality.
On a gloomy morning, Rabiya (4) sat with her legs crossed on the front yard of her parents’ mud hut. A pot of steaming white broth made of rice water laid innocently beside her lap, and she was carefully blowing on it to cool it down.