Digital Financial Services can bring inclusion and growth to Mali
Moussa bought his first SIM card in 2011 to keep in touch with his family Kati, a rural community in Mali. He had moved to Timbuktu, and the mobile phone was his only connection to home. Almost a decade later, people like Moussa can not only call home, but they can also send money, save money, and access insurance and credit through their phones. Insights from the World Bank DE4A policy note on Digital financial services (DFS) and the World Bank project to promote access to finance (PAFEEM) highlight the potential to leverage technology in enhancing inclusive growth and recovery in Mali.
Source: worldbank.org