September 26, 2014
Written by Stephen Kehoe, senior vice president and head of Global Financial Inclusion at Visa
This post originally appeared on The Guardian. Reposted with permission.
This week at the Clinton Global Initiative 2014 Annual Meeting, Mrs. Cherie Blair, wife of former British Prime Minister Tony Blair, announced an exciting partnership between the Cherie Blair Foundation for Women, First Bank Nigeria, the Youth for Technology Foundation (YTF) and Visa. This partnership is providing women entrepreneurs in Nigeria with an innovative, mobile technology solution to meet one of the greatest challenges facing the world today: financial inclusion in emerging economies.Through this collaboration, a total of 2,500 women entrepreneurs will become agents in the retail network of First Bank Nigeria, a leading financial services provider in Nigeria. These agents in turn will bring branchless banking and mobile financial services to at least 75,000 Nigerians living in rural and underserved communities.
Read more on the Guardian Financial Inclusion Hub. (http://bit.ly/1vkFCb3)