Episode 5

SPECIAL S4: Digital Remittances to Create Economic Opportunities for Women in Nepal

In this second episode of Digital@TheLastMile limited series, we highlight UNCDF's collaboration with IME Pay, a leading mobile wallet provider, to facilitate digital remittances for women in Nepal.

Remittances are a critical component of Nepal's economy. In 2020, IME Pay streamlined its international remittance and mobile wallet services to enable customers to receive international remittance transfers directly into their mobile wallets. In this episode, experts will delve into the benefits of digital remittances, particularly for migrant families and women, and how UNCDF and IME Pay partnered to refine the wallet and drive digital adoption through market scans and transaction data analytics.

Website: https://podcast.uncdf.org

Hashtags: #CapitalMusings | #Remittances #Nepal #mobilewallet #Women #SDG5

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Capital Musings is a production of the Partnerships, Policy and Communications unit of the United Nations Capital Development Fund, with the support of the UN Web TV.

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About the Podcast

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Capital Musings
Capital Musings is the Podcast show of the UN Capital Development Fund (UNCDF)

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United Nations Capital Development Fund

The UN Capital Development Fund makes public and private finance work for the poor in the world’s 45 least developed countries (LDCs).

UNCDF offers “last mile” finance models that unlock public and private resources, especially at the domestic level, to reduce poverty and support local economic development.

UNCDF pursues innovative financing solutions through: (1) financial inclusion, which expands the opportunities for individuals, households, and small and medium-sized enterprises to participate in the local economy, while also providing differentiated products for women and men so they can climb out of poverty and manage their financial lives; (2) local development finance, which shows how fiscal decentralization, innovative municipal finance, and structured project finance can drive public and private funding that underpins local economic expansion, women’s economic empowerment, climate adaptation, and sustainable development; and (3) a least developed countries investment platform that deploys a tailored set of financial instruments to a growing pipeline of impactful projects in the “missing middle.’’