First Mobile Phone Cash Transfers for Housing Repairs Kicks Off
Given poor access to and accountability of financial institutions in Haiti, much has been written about the potential benefits of mobile money. The United Nations Development Program (UNDP) and the Haitian Government are planning 2,000 mobile money transfers over the next three months in support of housing repairs. The funds do not change hands, the possibilities for corruption are reduced, and earthquake survivors can get started rebuilding their homes. The full press release follows.
