WPC5 +R4ՌkC*sVr?Nb?!! p֣ջ&H-|AĭĹWɾ/At:<($=dNZ8C\4}FmJۑRbpNbK5>wW}1 Os-s zy ,UpRs? .nkКv \4Q 0qT# +qTrv6u9|wvPCVl}3C+5 =`urArţ+haMTՌK'aA[9D8Vr'S4{C ++.fEeQIq#c.'msM=+X &T6ġPj%u\^@ȥ !e<:@`1‹(_pu&Yjy&:yrŔX߶/td*iÐ.8Y #UN[ % 0:^ w4  mBrother MFC-6000,,TT,,0(9 Z6Times New Roman RegularX(\$CEUS.,&uE9 g3tFeat3|xU \!CEUS.,  _Mobilebanking:_CGAP_Ԁspursmarkettoreach25millionpeopleby2012  Sept.24,2008  NEWYORK!Theglobal_microfinance_Ԁresource_center_Ԁ_CGAP_Ԁtodayismakinganewfouryear ` commitmenttoidentify,fund,researchandchampiontechnologyenabledbankingservicesfor25 L  millionpeoplein20countries._CGAP_ԀCEOElizabeth_Littlefield_Ԁwillannouncetheplanatthe 8  ClintonGlobalInitiatives MobileBankingCalltoAction. $ t "Thebrickandmortarbankbranchsystemcanonlygosofar.Withcellphoneserviceandalocal  L  shophandlingthecash,mobilebankingcanreacheveryvillageandbarriointhedeveloping  8  world,said_Littlefield_. Technologycanenableustoreachmillionsofpoorpeoplewho,until $  now,havebeenleftoutoftheformalfinancialsystem,sheadded.   Thecommitmentbuildsonmorethanfiveyearsofworkonmobilebankingand_microfinance_.In   thattime_CGAP_ԀhasadvisedandshapedprojectswithadozenprovidersinAsia,AfricaandLatin   Americaandconductedin-depthpolicyassessmentsin10countries.Fromthis,_CGAP_Ԁhas p publishedaseriesofwhitepapers_focusing_Ԁonbusinessmodels,clientneeds,andregulatory \ conditions.TheBilland_Melinda_ԀGatesFoundationhasgenerouslyco-fundedthisworksince H 2006. 4 "Wereoptimisticandenergizedtotacklethechallengesandunleashmobilebankingspotentialto  \ transformlives.Thatmeansbetterunderstandingwhatpoorclientsneedandwant,helping H regulatorsbalanceconsumerprotectionwithinnovation,andworkingwithphonecompaniesand 4 bankstocreateviablebusinessmodels,said_Littlefield_.   Addressingtheseissues,_CGAP_Ԁismakingacommitmenttofundandadvise_microfinance_Ԁgroups,  banks,andmobilephoneproviderswith$10milliontofindbusinessmodelsthatsucceed,  researchingtheneedsofpoorandvulnerablepeopleforarangeofservices,especiallysavings,  andengagingtelecomandbankingregulatorsthroughoutthedevelopingworld. l ̀About_CGAP_ #l! _CGAP_Ԁ(TheConsultativeGrouptoAssistthePoor)istheworld'sleadingresourceforthe $X" advancementof_microfinance_._CGAP_Ԁprovidesthefinancialindustry,governmentsandinvestors $D # withobjectiveinformation,expertopinion,andinnovativesolutionstoeffectivelyexpandaccess %0!$ tofinanceforpoorpeoplearoundtheworld.Moreinformation:www.cgap.org