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Financial Inclusion Week 2019

The Financial Sector Deepening Mozambique (FSDMoç) in partnership with the Center for Financial Inclusion (CFI) – ACCION, promoted for the 3rd consecutive year the Financial Inclusion Week (FIW), that was officially from October 21 to 25 but specifically for Mozambique we extended the celebrations until October 31st so it will end with the celebrations of the International Savings Day. The FIW is a week reserved for global conversations about the most important steps for advancing financial inclusion. The objective of the week was to build a momentum around how to address the most

PAYGO TECHNOLOGY EMPOWERING WOMEN IN RURAL COMMUNITIES

By Vania Matola – FSDMoç Investment Analyst In partnership with Epsilon Energia Solar and SolarWorks! FSDMoç is promoting access to energy to low-income households through Pay-as-you-go (PAYGO) technology. The PAYGO technology combines a solar home system (SHS) with the mobile money platform. The solar companies are offering a 3, 6, 12 and 18 months payment plans to rural communities in Maputo, Gaza, Inhambane, Sofala and Manica provinces allowing them to gain access to solar energy and the benefits of increased safety, added study time, extended business hours. Solar household kits are not only

WOMEN CONTRIBUTION TO ADVANCING THE AGENCY BANKING MODEL IN MOZAMBIQUE

By Almeira Paruque – FSDMoç Investment Analyst  This article aims to highlight the role played by women in the dynamization of the agency banking model, implemented by BancABC and Letshego, with the support of FSDMoç, whose objective is to expand the network of banks’ agents, through the development of products and marketing strategies for the rural areas, as well as training of agents and financial education of clients. To promote the participation and reduction of the obstacles faced by women, these projects have sought to boost their participation, which currently represent about 20%