Workshop: Innovating Pro-Poor Financial Products & Services

Jun 14, 2016

A workshop titled “Innovating Pro-Poor Financial Products & Services” held today in Karabi Hall, Prime Minister’s Office on 14th June 2016. This interactive workshop was hosted by the Access to Information (a2i) of the Prime Minister’s Office, a Programme supported by UNDP and USAID . The event will was chaired by Kabir Bin Anwar, Director General (Administration), Prime Minister's Office, Bangladesh & Project Director, a2i.  Pauline Tamesis, Country Director, UNDP Bangladesh was also present in this workshop.

The purpose of the workshop was to gather all financial service providers (banks, MFIs, MFS providers, PSOs, PSPs) interested in innovating financial products and services and connecting them with insights from research customized to study the financial needs and behavior of poor Bangladeshis. In the workshop, a2i presented a citizen-centered view of the current status and remaining challenges around financial inclusion in Bangladesh. Stuart Rutherford (brief bio below) shared insights on the complexity of the financial lives of poor, unbanked people from his 'financial diaries' research and spoke about design principles, tools and techniques for innovating products and services customized to meet their needs.

Stuart Rutherford (brief bio):

Stuart Rutherford is an expert on financial inclusion. He was the lead author behind Portfolios of the Poor, a ground breaking book that revealed and explored the true complexity of the financial lives of poor, unbanked people around the world. In Bangladesh, besides advising organizations like BRAC, Stuart also founded ‘SafeSave’ (www.safesave.org), an innovative financial institution that broke all the rules of conventional microfinance and innovated multiple successful client-centered financial products and services.

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