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Smart empowers Iloilo community with e-money, financial literacy sessions

by SMART Public Affairs | Jul 15, 2016
[15 July 2016] Smart Communications recently provided an Iloilo community with Smart Money accounts which they can use for livelihood transactions and savings.

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In line with its financial inclusion advocacy, mobile leader Smart Communications recently provided an Iloilo community with Smart Money accounts which they can use for livelihood transactions and savings. 

The Pototan community in Iloilo is a beneficiary of an activity implemented by the United States Agency for International Development (USAID) in partnership with the International Care Ministries (ICM). The program promotes entrepreneurship to reduce ultra-poverty by providing training in health and livelihood for families living in impoverished communities.  

Program participants will use Smart Money to pool the savings from their livelihood earnings into a revolving fund. This gives security to the participants, who used to physically transfer money and keep their savings at home.

Aside from providing mobile money accounts, Smart will also conduct financial literacy sessions to teach the beneficiaries how to use Smart Money for basic savings, loan disbursements, and collection of payments.

The first photo shows (from left to right) Smart Public Affairs Manager Jill Lava, ICM Senior Advisor for Institutional Resources Dr. Milton Amayun, Representative from the Iloilo City Government Ariel Castañeda, ICM Board Chairman David Sutherland, USAID Philippine Mission Director Dr. Susan Brems, ICM Chief Program Officer Daniel Mayhugh, USAID Program Management Specialist in the Philippines Maria Teresita Espenilla, Barangay Captain Milagros Dagandasa, and ICM Area Head in Iloilo Samuel Templado. 

The second photo shows a Smart representative teaching community members how to use Smart Money. [END]