Global Forum on Migration and Development
Published on the Global Forum on Migration and Development Web Portal (https://www.gfmd.org)


Date Shared: 
Friday, October 11, 2019 - 16:14
Title: 

Scaling up remittances and financial inclusion in rural areas through post offices

Countries and areas: 
Uganda
Partner(s): 
IFAD PostBank and Posta Uganda
Thematic Area: 
Civil society and the private sector, Remittances
Tags: 
Public-Private Partnerships, Remittances
Summary: 

PostBank Uganda, in partnership with  Posta Uganda and the International Fund for Agricultural Development (IFAD), is finalizing its remittances business plan and expanding financial inclusion through remittances in rural areas of Uganda, leveraging Posta Uganda’s broad network of rural post offices to expand access to financial services for the rural population. The post offices are being equipped with modern digital and mobile technologies for remittance delivery and financial service transactions, and postal staff is receive specialized training. According to the plan, by 2020 PostBank Uganda aims to serve 50,000 new remittance recipients, provide remittance delivery services to 20,000 refugees, and provide training in financial literacy to both.

GFMD Source: 

GFMD 2019 - Background Paper RT 3.2 "Harnessing migration for rural development"

Link: 

https://www.ifad.org/es/web/latest/news-detail/asset/39368966


Source (retrieved on 12/29/2025 - 01:32): https://www.gfmd.org/pfp/ppd/11475