M2M

Microfinance through Mobile

The Problem

M F Is

Solutions
Access to Financial Services in Nepal

38

Population with Bank Accounts Population Without Bank accounts

62

Access to financial services in Nepal, World Bank

Solutions
Penetration Rate of Mobile Networks in Nepal

37%

Population (%) with a mobile phone 63% Population (%) without a mobile phone

Source: NTA, MIS - 2069

A Simple mobile based system which will :

Alert them of any activity on their account.

Authorize their cell phones to carry out financial transactions without physical presence

 What happens now? Remittance

Super Agents

What we propose? Remittance

Super Agents

M.F.I.

M.F.I. M2M

Clients

Client

Client

Client

Functions of the system

Alert for any activity in the account Repay Loan

Pay Insurance
Balance Query
Transfer to saving account Peer to Peer Transfer

Revenue Model
We will charge per transaction fee for every service delivery through our channel.
Transfer of Remittance (commission sharing)

Balance Query
Repay Loans Micro - insurance Premium Payment Peer to Peer Transfer

Finally
First mover advantage (although threats exist). It will be a tremendous leap in the sector of financial inclusions of the country. In future, we will be introducing agents which will help us expand our distribution channels.