Remittances and MicroFinance Networks

Ron BevacquaAsia Regional Coordinator, PlaNet Finance

Rome, 17-18 November 2011

Remittance Building Linkage for the Development of Migrants and their Families through

Micro-Finance Services (ReBuiLD MFS)

Philippines, Dubai, Italy, Spain

For the migrants and their family members:

What we achieved

For the microfinance institutions:

What we achieved

Key success drivers

Infrastructure and partnership factors:

Key success drivers

Factors at the MFI level:

Key success drivers

Factors at the level of the migrants and their family members:

Mechanization of agriculture through remittance-linked access to credit has contributed to improved food security

Aquaculture activities in Taal Lake, Batangas, are being supported by the new remittance-linked financial services

Women in upland Ifugao, a hard to reach area where services provided at their doorstep save them time and money