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Mercy Corps Mobile Money Turns Phones Into Wallets for 100,000-Plus Haitians

Haiti, September 24, 2010

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Jenara Nerenberg

Fast Company
September, 2010

Mercy Corps partners with Trilogy to deliver financial services to Haiti's unbanked.

The international aid non-profit Mercy Corps does not shy away from innovation—the global development agency announced this week that they are bringing mobile financial services to Haitians without bank accounts in a new initiative and partnership with Washington-based Trilogy and Haiti's Unibank.

..."Mercy Corps is using mobile money in our cash-based programs in the Central Plateau and Lower Artibonite regions of Haiti--running cash-for-work programs, offering cash grants and vouchers....," Mercy Corps' spokeswoman Joy Portella tells Fast Company. "Mobile money is easier--people receive the money on their phones and can withdraw/store money when they want to, and the security risks are far lower."...