Tender Details

Country: Lao PDR
Summary: Assessment for Promoting Digital Financial Inclusion of the Poor in Lao Pdr
LAT Ref No: 106178120
Deadline: 05 Sep 2024
Financier: World Bank (WB)
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: 0002010802
Purchaser's Detail:
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Description:
Lao PDR launched its first conditional cash transfer (CCT)program, Helping Hand, in 2020. The program aims to improve the livingconditions of poor and vulnerable households in villages across 12 districts infour northern provinces (Xieng Khouang,Houaphan, Phongsaly, and Oudomxay). In its first phase, the programtargeted over 20,000 beneficiary households. Due to its success, the governmenthas decided to expand the program to additional districts in the northernprovinces and to three southern provinces (Savannakhet, Saravanh, and Sekong).Despite the program's achievements, the transition todigital payments has been sluggish. As of early 2024, only about 1,100beneficiaries, representing 4.6 percent of the 24,000 beneficiaries, receivepayments electronically through mobile wallets. The government, under RRPM II,aims to increase this to 20 percent in the coming years, a goal that reflectsthe current low availability of cash-in/cash-out points within the targetareas, with only 20 percent of villages having such access.Most CCT recipients are women from rural villages,presenting a significant opportunity to enhance financial inclusion among thisdemographic. While beneficiaries can choose between various paymentmethods—including cash, mobile money accounts, or interbank transfers—mostcontinue to receive payments in cash due to barriers such as a lack of mobilenetwork coverage, low mobile phone ownership, limited digital literacy, andinsufficient awareness of financial access points.A recent survey to CCT beneficiaries revealed that 52percent of the interviewed beneficiaries would be interested in receivingpayments via bank or mobile money accounts if supported in account opening,highlighting the need for stronger digital and financial literacy efforts.Objectives:The main objectives of this Procurement are to hire a firm which:1. Conduct a qualitative survey to understand thechallenges faced by CCT beneficiaries in transitioning to digital payments; and 2. Analyze the curre...
Documents:

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Assessment for Promoting Digital Financial Inclusion of the Poor in Lao Pdr - Lao Tender

The WORLD BANK(WB), a Government sector organization in Lao PDR, has announced a new tender for Assessment for Promoting Digital Financial Inclusion of the Poor in Lao Pdr. This tender is published on LaoTenders under LAT Ref No: 106178120 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2024-09-05.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.