MFE is leading the mobile finance effort in Georgia

The project “Reaching Georgia’s Rural Poor through Mobile Remittances” aims at enhancing the self-reliance of poor rural households through improved financial literacy and access to financial services.

The project will facilitate access for remittance beneficiaries through deployment of a transformative mobile finance system, which will bring basic financial services to those beyond the reach of the financial industry. The electronic payment platform will be leveraged with the value-added financial services, such as micro loans, micro-insurance and micro savings.

The project is implemented by Crystal Fund in cooperation with the Mobile Finance Eurasia and the JSC MFO Crystal, microfinance organization. The project is funded by the Financing Facility for Remittances of the International Fund for Agricultural Development.

If you are interested in learn more about this project, please, contact MFE.