Business Correspondent Model: A Preliminary Exploration

Binit Rath, Minakshi Ramji, Alexandra Kobishyn

2009

Since its inception in 2006, various banks have promoted the BC model in all corners of the country, though few of these efforts have scaled up beyond modest pilots. There is scarce documentation on how these pilots work in the field and whether they contribute to the BC model’s financial inclusion objectives. Thus, before endorsing the existing business correspondent model as an effective channel for financial inclusion, there are a number of key questions that must be answered. In this report, the Centre for Micro Finance presents insights from information gathered from four BC model implementations to help fill this knowledge gap.

Type

Working Paper

Thematic Area

Financial Inclusion