Savings and loan repayments through mobile money.

 

Savings by using mobile money

Microfinance clients are now able to deposit their savings through our mobile money platform bKash, a subsidiary of BRAC bank. It offers a flexible, convenient and high return savings alternative for borrowers, by allowing them to deposit remotely, and also increases their confidence on using mobile money and familiarises them on other mobile money services.
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Geeta Rani Das, Cumilla, Bangladesh

“I was initially intimidated by the technology. It just felt hard. Practice, however, has made bKash my friend. I do not have to make the long commute to the branch to pay my loan installments. It saves a lot of time and there is no risk of theft. Do I ever forget my PIN? No chance. I can recall it in a heartbeat.”
 

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