Photo of the Week:
This photo taken in July 2012 in Mabuhay, Olutanga Island, in Zamboanga Sibugay shows school teacher Lolita Singahan, a client of 1st Valley Bank, doing a cash-out transaction at a local merchant partner-store. Mobile phone banking services developed with the support of the USAID-supported RBAP-MABS Program have allowed rural banks to expand their services to areas that are considered off the banking grid.
You can read more more about the experiences of Ms. Lolita Singahan and other rural bank clients using mobile money to perform banking transactions here.
Photo Credit: Ronald Enad, 1st Valley Bank