ES-M1041 : Promotion of Savings by Recipients of Government Payments

The project will provide the public access to its conditional cash transfers (not just the LPG subsidy but any kind of social contributions) in a flexible and timely manner, through a savings account easy electronic activation, in which to be held the deposit subsidy, facilitating their delivery and also contributing to the accumulation of savings to meet future needs or achieve a purpose. The project involves the accompaniment of the financial education of these customers, contributing to the success of its implementation, ie the use of the product and service delivery through the distribution channels of traditional and non-bank, Mobile Banking and ATMs. This will impact on the banking or financial inclusion of the population still lacks access to savings services, getting future not only have accumulated savings to cover different situations, but also access to credit, this associated with bring banking benefits to families and the economy of the country