Digital Finance Plus
Emerging digital finance innovations transform the way poor households have access to broader basic services such as electricity, clean water, and education.
The Digital Finance Plus Initiative seeks to illustrate how digital payment ecosystems emerging in different markets are opening up new solutions to long-standing development challenges. It aims to demonstrate how digital financial innovations can transform the delivery of essential services, such as clear water, electricity, and education for poor households, and how these new business models can help advance financial inclusion.
Photo Credit: Off:Grid ElectricFY2015 Highlights/Outputs
Ongoing research to better understand how the use of a range of appropriate and effective digital financial services can improve poor people’s access to essential services, starting with the energy sector.
Launched and concluded partnerships with Angaza, Mobisol, and Off-Grid Electric in the energy sector. Lessons from partnership summarized in blog series. View Blog Series
Launched partnership with Sarvajal in the water sector and completed study on poor Indians’ preferences to pay for water.
Launched two partnerships in the education sector with Akengo and Tigo’s subsidiary Edume.
“Access to Energy via Digital Finance: Models for Innovation” (August 2014), a segmentation study on energy pay-as-you-go companies, which was widely cited and referenced; was complemented with a video, “How It Works: Digital Finance and Solar Energy”; and a series of blogs. Download Study Watch Video
Blog Post: “Digital Finance: Catalyzing New Energy Business Models” View Post