Star Fintech to make u-money cash transfers under poverty reduction project
The Ministry of Agriculture and Forestry signed a contract in February on the use of u-money to make grant payments to the beneficiaries of the Reducing Rural Poverty and Malnutrition Project. This project is one of several projects funded by loans from the World Bank.
The project will be implemented in the four northern provinces of Phongsaly, Oudomxay, Huaphan and Xieng Khuang and will see the disbursement of funds to impoverished families and families who have recently risen out of poverty.
Times Reporters