The project was focused on garment work’s spent their earning for the education and sent to their families at village. • Observe migrants’ remittance behavior through the mobile money transfer systems and conduct surveys to collect timely information on remittance behavior in connection with social welfare and other economic activities among both remitters and recipient households, offering internal migrants a type of subsidy, so-called “matching funds”, for educational purpose remittances. • Stimulate educational investment in beneficiary students by providing subsidies in the form of matching funds to encourage migrants to channel funds towards the education of a student in their village and examine the impact of such treatment (EduMatch) on educational expenditure and drop-out rates. •
Conduct a matching funds program focusing on internal remittances by utilizing mobile money and examine the impact of the program rigorously as the world’s first research to our knowledge. Development of financial inclusion in Bangladesh (i.e. wide-spread availability of mobile money) has made it possible to conduct an innovative matching funds program. • Study how financial literacy of the poor relates to their remittance behavior or decision making to utilize the opportunity to receive subsidies in the form of matching funds to invest more on education.Theme: Education
Research Method: Quantitative
Project Status: Accomplished
Starting Year: 2017
Donor: "The National Graduate Institute for Policy Studies (GRIPS), Japan "
Study Area: Dhaka, Gajipur