USAID promotes increased access to and usage of electronic payments in order to deepen financial inclusion, accelerate broad-based economic growth, and instill transparency into funding flows. These snapshots describe the experiences of USAID- and non-USAID-funded organizations that have begun to replace cash with e-payments so that others can apply their lessons learned to their own transition to e-payments.
Overview: Alalay Sa Kaunlaran Inc. (ASKI), based in the Philippines, is a non-government organization offering microfinance, health and insurance programs, and community development projects to its clients in three regions. In 2012, ASKI introduced the use of mobile money in partnership with BPI Globe BanKO, the Philippine’s first mobile phone-based, microfinance-focused bank, to replace their traditional check disbursement for loans to clients.
Target Group: The target clients for the project are new and current clients availing of loans from ASKI. The project started in 14 ASKI branches and is currently being rolled-out in four additional branches.
This snapshot was supported by a small grant from USAID’s Digital Development Lab and NetHope’s Payment Innovations Project in 2014. Click below to read about ASKI's experience.
￼DISCLAIMER: The views expressed in this publication do not necessarily reflect the views of the U.S. Agency for International Development or the U.S. Government.