Connecting the Poor to Savings Accounts

In India, a country in which citizens have to be able to save with a bank, many poor people, especially women, find it difficult and nearly impossible to find the means and resources to do so. Grameen Foundation and CASHPOR Microcredit's microsavings initiative provides poor people with a safe place to store their money and prove their repayment capacity. CASHPOR's Business Correspondent Model allows the poor to save without traveling to a bank and the mobile technology that empowers these customers with the ability to manage their savings from home. If you haven't watched our first video about microsavings, check it out: http://youtu.be/TG9NYaHuWa8

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  Nonprofits & Activism