PRO-POOR FINTECH AND INNOVATIONS IN
DIGITAL FINANCIAL SERVICES
About half of the population of Bangladesh is excluded from financial services like savings and credit.
unexpected events
As part of Digital Bangladesh Vision 2021, the Government of Bangladesh is making rapid advancements in digitizing its social safety net programs, such as the primary school stipend, old age allowances and allowances for persons with disabilities which is expanding financial access deeper into rural areas and into the hands of the most vulnerable households.
Inevitably, as more government-to-person transactions occur digitally, unbanked people will establish financial accounts and onboard to digital financial services ( DFS ), which are critical for closing the gender gap and increasing financial inclusion across the board.
ASSESSMENT OF SOCIAL SAFETY NET DISBURSEMENT-PHASE II
Digital Financial Service Lab, a2i is working with different Government ministries & departments to digitize the SSN payments. Department of Social Service (DSS) is important of them. a2i is working with DSS since 2018 to digitize their SSN payments. MicroSave consulting evaluate the digitization work to get the insights from field for future improvement. Attached is the report of the 2nd phase evaluation of the digitization work.