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Hapinoy Mobile Money Hubs

Philippines
2013
N/A
Keywords
Entrepreneurialism; Access to finance

Project description

Wireless Reach programs showcase new and innovative ways that cutting-edge mobile technologies can be used to help achieve the United Nations' Sustainable Development Goals (SDGs) and the social and economic priorities of communities and governments globally.

Smartphone and wireless technology enables entrepreneurs to become Mobile Money Agents. By offering this service through the Mobile Money Hubs program, Nanays (mothers) in the Hapinoy sari-sari store program can generate additional income by providing quick and reliable remittance service in the convenience of their customer's local neighborhood stores. They also sell airtime to their consumers; both services have proven to be vital during emergencies, especially in the day-to-day lives of domestic migrant workers and students away from their families. Hapinoy and Qualcomm Wireless Reach have developed a holistic program that provides participating Nanays with mobile literacy training, access to capital via microfinancing
institutions (MFIs), and new business opportunities using advanced wireless technologies.

Primary thematic area

Secondary thematic areas

Financial services

Business development

Project details

Umbrella programme

Wireless Reach

Accountable Org(s)

Qualcomm

Funding Org(s)

Qualcomm

Implementing/
Partner Org(s)

Grameen Foundation; MasterCard; Smart Communications

Project contact

Funding (USD)

Committed

Spent

$

$

N/A

Project website

D-Portal link

Project evaluation

Evaluation source

N/A

Evaluation methodology

N/A

Programme targets

This advanced wireless solution aims to generate higher store traffic and new revenue streams for Nanays, contributing to overall economic growth in the community

Results achieved

The programme has reached to over 100 villages.
More than 3,500 customers are buying airtime packages and benefiting from 25 new financial services.
As of March 2017, nearly 300 storeowners have joined the Hapinoy Agent Network.

Targets met?

This advanced wireless solution aims to generate higher store traffic and new revenue streams for Nanays, contributing to overall economic growth in the community

2023

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