Cash Transfers To Alleviate Poverty
Studies have shown that cash transfer programs have a positive impact on populations plagued by extreme poverty. However, the cost associated with delivering this form of aid remains high due to lack of reliable identity and financial infrastructure as well as fraud and corruption. Billions of people remain unbanked and/or without a formal, legal identity and hence without a path towards prosperity. With Celo, anyone has access to a mobile wallet to receive payments.
If you and/or your organization would like to learn more about our cash transfer mechanisms, please reach out.