Remittances and Postal Networks
Remittances and Postal Networks
2011
The Financing Facility for Remittances (FFR) aims to expand the reach of financial services to the world's underserved rural areas. The maintenance of a network of dedicated brick-and-mortar branches throughout vast sparsely populated areas is prohibitively expensive for most forms of financial institutions, with one important exception: post offices.
Author
Pedro De Vasconcelos
Topics
Rural finance