A new study out of Uganda offers strong evidence that lock-out technology can enable providers to sustainably lend to low-income customers, who may need credit for school fees and other critical expenses.
What if a teacher in rural Liberia could collect her salary instantly and remotely? USAID recently partnered with the Liberian Ministry of Education to roll out the first mobile salary payments, and the preliminary results are extremely promising.
For many low-income families worldwide, education can be out of reach. Mobile money and digital financial services have the potential to help families by providing them with better tools that can help them save, plan and make education payments.
The stakes in achieving universal access to high-quality education are high, yet many children remain out of school. The financial challenges associated with paying school fees and covering the other costs of education contribute to this problem. In