Deerwalk Blog

Banking for the Unbanked

Posted by Ashay Thakur on April 01, 2010

Only one out of five consumers in Nepal has access to banking channels. In partnership with Kumari Bank, one of the leading banks in Nepal, Deerwalk is launching Mobile Banking solutions targeted at both the banked population and the unbanked mass in the country. The millennium development goals earmark the BOP population (people earning below $2 a day) as the area to work on. This populace does not have access to financial resources, and is vastly ignored by the formal banking sector. And,[...]

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