Can the Delivery of Cash Transfers to Mobile Banking Accounts be a Catalyzer for Increased Financial Inclusion in Sub-Saharan Least Developed Countries? - Ludiwien Cooreman

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This dissertation examines whether delivering cash transfers to mobile banking accounts can increase financial inclusion in sub-Saharan least developed countries. The document discusses how cash transfers can help commercial viability for providers and reduce costs for donors, while leveraging financial services access for recipients. However, it notes that reliable and consistent digital service delivery is needed first before realizing broader financial inclusion benefits. Quick wins or cheap fixes are not possible and designs must focus on inclusion and developing an digital financial ecosystem.

Can the Delivery of Cash Transfers
to Mobile Banking Accounts be a
Catalyzer for Increased Financial
Inclusion in Sub-Saharan Least
Developed Countries?
Dissertation of Ludiwien Cooreman
Erasmus Mundus Master in Comparative Local
Development
Supervised by Alessandro Rossi from University of Trento

.
Source: Global Findex Databasesavings
(expressed in % of population in Sub-Saharan LDCs)
0
5
10
15
20
25
30
35
very possible somewhat
possible
not very possible not at all possible
Ability to come up with emergency funds

0.3 0.4 0.5 0.6 0.7 0.8
0204060
HDI
MobileAccount
Benin
Botswana
Burkina FasoBurundi Cameroon
Chad
Cote d'Ivoire
Ethiopia
Gabon
Ghana
Guinea
Kenya
MadagascarMalawi
Mali
Mauritania
Mauritius
Namibia
Nigeria
Rwanda
SenegalSierra Leone
South Africa
Tanzania
Uganda
Zambia
Zimbabwe

Overcoming an unfavorable
cost-benefit equation
• Underdeveloped infrastructure
• Thinly distributed population
• Sociological barriers

Digitized Cash Transfers as Win-win-win
1. Aid commercial viability of providers
through predictable volume
1. Cut transaction cost and increase
efficiency and effectiveness of program
for donor
1. leverage the reach and take-up of financial
services for the poor

Digitized cash transfers as catalyzer for broader
financial inclusion in LDCs
• No quick wins or cheap
fixes
• Delivering reliable and
consistent service first
• Design for financial
inclusion and
ecosystem formation

Sources for infographics and images:
World Bank, GSMA, CGAP, Better than Cash Alliance, Chicago Coun
Contact:
(+32)478/27.89.13
ludiwien@gmail.com

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