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The Retail Financial Distribution Research Initiative (ReFinD), a research initiative of the Institute of Statistical, Social and Economic Research (ISSER) and MobileMoney Limited have signed an agreement to conduct research on Mobile Money Agent Networks.
The aim is expand financial inclusion among underserved and vulnerable communities. Under this partnership, MobileMoney Limited will provide implementation support (through access to Mobile Money agents, insights etc.) to grantees under ReFinD.
A statement issued in Accra by Madam Adwoa Wiafe, Chief Corporate Services and Sustainability Officer, said the partnership also included research on how to promote the entry of agents into the market space, which is key to market intermediation; and research to understand and eliminate economic and non-economic constraints faced by agents in the scaling of access to finance.
Prof. Peter Quartey, Director of ISSER and Executive Director of ReFinD, said, “This partnership perfectly aligns with ReFinD’s mission of understanding and improving financial service delivery to underserved communities.”
He said they were confident that their research model and findings would serve as a blueprint for similar studies across MTN‘s African markets.
Mr Shaibu Haruna, CEO of MobileMoney Limited, said, “We look forward to working with ReFinD as a partner that is also committed to promoting financial inclusion and unlocking a world of financial possibilities for every Ghanaian.”
Beyond the ReFinD project, MobileMoney Limited will collaborate with ISSER on relevant research initiatives aimed at expanding access to finance.
Source: GNA
