Comments on: From rural outpost to boomtown: how banking services transformed a town in the Amazon http://technology.cgap.org/2010/01/28/from-rural-outpost-to-boomtown-how-banking-services-transformed-a-town-in-the-amazon/ How can technology increase the reach of microfinance? Mon, 06 Feb 2012 18:55:24 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Eduardo Diniz http://technology.cgap.org/2010/01/28/from-rural-outpost-to-boomtown-how-banking-services-transformed-a-town-in-the-amazon/comment-page-1/#comment-2122 Eduardo Diniz Wed, 02 Jun 2010 17:55:55 +0000 http://technology.cgap.org/?p=2028#comment-2122 For whom is interested in knowing more about bank agents in Autazes, take a look on the videos bellow: AUTAZES - Episode 1: Bank Agents in the Amazon: Financial Access and Development http://www.youtube.com/watch?v=oggYsCiJ_Q0 AUTAZES Episode 2 - Novo Céu: a village without local finance services http://www.youtube.com/watch?v=0wrbtulfrrk AUTAZES Episode 3 - Education for Inclusive Financial Access http://www.youtube.com/watch?v=k2muPrYZnEQ For whom is interested in knowing more about bank agents in Autazes, take a look on the videos bellow:

AUTAZES – Episode 1: Bank Agents in the Amazon: Financial Access and Development
http://www.youtube.com/watch?v=oggYsCiJ_Q0

AUTAZES Episode 2 – Novo Céu: a village without local finance services
http://www.youtube.com/watch?v=0wrbtulfrrk

AUTAZES Episode 3 – Education for Inclusive Financial Access
http://www.youtube.com/watch?v=k2muPrYZnEQ

]]> By: Pedro Alvear http://technology.cgap.org/2010/01/28/from-rural-outpost-to-boomtown-how-banking-services-transformed-a-town-in-the-amazon/comment-page-1/#comment-1783 Pedro Alvear Fri, 12 Feb 2010 15:59:17 +0000 http://technology.cgap.org/?p=2028#comment-1783 Question: How do Agents in Autazes manage the risk of money they carry at the store. Do agents receive a line of credit from the banking institution they work for or do they use their own working capital in a pivot account in the bank they serve that enables him to carry out financial transactions. regards, Pedro Alvear Question: How do Agents in Autazes manage the risk of money they carry at the store. Do agents receive a line of credit from the banking institution they work for or do they use their own working capital in a pivot account in the bank they serve that enables him to carry out financial transactions.

regards,

Pedro Alvear

]]> By: Autazes and agent banking in Brazil: CGAP’s insights « Postal Financial Inclusion http://technology.cgap.org/2010/01/28/from-rural-outpost-to-boomtown-how-banking-services-transformed-a-town-in-the-amazon/comment-page-1/#comment-1705 Autazes and agent banking in Brazil: CGAP’s insights « Postal Financial Inclusion Fri, 29 Jan 2010 09:59:59 +0000 http://technology.cgap.org/?p=2028#comment-1705 [...] Post #1: From rural outpost to boomtown – how banking services transformed a town in the Amazon [...] [...] Post #1: From rural outpost to boomtown – how banking services transformed a town in the Amazon [...]

]]> By: Jose Anson http://technology.cgap.org/2010/01/28/from-rural-outpost-to-boomtown-how-banking-services-transformed-a-town-in-the-amazon/comment-page-1/#comment-1701 Jose Anson Thu, 28 Jan 2010 15:48:27 +0000 http://technology.cgap.org/?p=2028#comment-1701 For your information, the first agent in Autazes in 2002 was a post office (April 2002). In 2008, we evaluated the impacts of this policy on local economic development. Econometric research results are in line with Claudia's findings above, particularly for communities with already some degree of financial literacy. In terms of creation of new businesses and employment, effects were stronger when 1 to 5 bank branches were already located in the community before setting up the agent. In communities without bank branches, formalization of the economy - moving out the informal sector - was a significant outcome of this policy. Our paper with comments and a presentation are available on our blog "Postal Financial Inclusion": http://postfi.wordpress.com/2009/12/29/research-on-brazil-solving-the-last-banco-postals-puzzle/ I also recommend the presentation that one agent network - the post office - made on Autazes's case during our UPU-AFI Financial Inclusion and Postal Banking workshop in November last year: http://postfi.files.wordpress.com/2009/11/4-banco-postal-parte-2-upu-112009.pdf For your information, the first agent in Autazes in 2002 was a post office (April 2002). In 2008, we evaluated the impacts of this policy on local economic development. Econometric research results are in line with Claudia’s findings above, particularly for communities with already some degree of financial literacy. In terms of creation of new businesses and employment, effects were stronger when 1 to 5 bank branches were already located in the community before setting up the agent. In communities without bank branches, formalization of the economy – moving out the informal sector – was a significant outcome of this policy. Our paper with comments and a presentation are available on our blog “Postal Financial Inclusion”:

http://postfi.wordpress.com/2009/12/29/research-on-brazil-solving-the-last-banco-postals-puzzle/

I also recommend the presentation that one agent network – the post office – made on Autazes’s case during our UPU-AFI Financial Inclusion and Postal Banking workshop in November last year:

http://postfi.files.wordpress.com/2009/11/4-banco-postal-parte-2-upu-112009.pdf

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