Assessment of Demand for Mobile Banking

2012

Nepal Economic, Agriculture and Trade Activity (NEAT) program was designed and implemented with financial assistance of USAID in 14 districts of Western and Mid-western Development Regions of Nepal. Strengthening microfinance policy and institutions to increase the access of women, poor and disadvantaged to financial services was a component among the five component of this program. The project feel clear need ‘The Mobile Banking Market in Nepal’ for a channel which allows Nepalese to access financial services more easily. This study was to assess the uses mobile phone, financial uses and demands of target population. The study also identified the areas that could potentially be addressed through mobile and branch-less banking channels.