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Remittances

Remittances projects

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Projects

Over the past decade the MIF funded more than 40 remittances-related projects, totaling over $45 million in technical assistance and $22 million in loans and equity investments. These projects involved a wide range of partners, including 175 financial institutions, and reached approximately 500,000 low-income people.

Lessons learned from these experiences are now being applied to financial projects involving a variety of payment and transfer systems, linking them with financial products and services tailored to the needs of the poor, particularly in underserved areas such as rural communities.

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