Linking Up and Reaching Out in Bangladesh : Information and Communications Technology for Microfinance
This book presents a new paradigm for introducing technology in the microfinance industry of Bangladesh that could help ameliorate current constraints. Under the new paradigm, a centralized Information and communication technology (ICT) platform wi...
| Main Authors: | , , , , |
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| Language: | English |
| Published: |
World Bank
2012
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| Subjects: | |
| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20100126222958 http://hdl.handle.net/10986/2406 |
| Summary: | This book presents a new paradigm for
introducing technology in the microfinance industry of
Bangladesh that could help ameliorate current constraints.
Under the new paradigm, a centralized Information and
communication technology (ICT) platform will be established
to serve the microfinance industry of Bangladesh and
technology will be deployed more rapidly to Microfinance
Institutions (MFIs) in all parts of the microfinance value
chain, from the head office to branch offices, loan
officers, and clients. Unlike in the traditional paradigm,
the technology needs of all MFIs will be pooled together in
one central office. The central office will offer technology
tools, services, and know-how to MFIs throughout the
country. Several benefits will be achieved under this new
paradigm: i) because all technology needs will be pooled in
one place, the central office will be able to exploit
economies of scale and offer technology services to MFIs at
a lower cost; and ii) because their technology needs will be
outsourced, MFI staff will no longer need to devote as much
time and effort to learning new technologies. The central
office will provide all technology-related training and support. |
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