Piloting the launch of innovative financial solutions aimed at enhancing the access and usage of remittance services by Ghanaians in Germany and the Netherlands, and their families back home. The project focusses in adapting its recently-launched app for international remittance offering affordable prices, pioneering Ecobank’s first ever digital financial literacy initiative to strengthen users’ ability to manage remittances and other financial resources and link a gender-sensitive micro-savings product to the existing remittance offering.
Country: Ghana
IFAD is partnering with Fidelity Bank Ghana under the PRIME Africa Programme initiative to enable remittance recipients in high-migration rural areas to increase their share of remittances saved in formal bank accounts. By targeting un(der)banked remittance recipients, Fidelity Bank is enabling termination of remittances directly into a savings account. Fidelity is partnering with Viamo to introduce financial education to remittance-receivers through IVR.
